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ECB Governors Stick to Plan for Multiple Rate Cuts /
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2024-06-06 04:57:54

ECB Governors Stick to Plan for Multiple Rate Cuts on Nostr: European Central Bank Begins Cutting Interest Rates to Boost Eurozone Economy Amid ...

European Central Bank Begins Cutting Interest Rates to Boost Eurozone Economy Amid Stubborn Inflation
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#e27004a0 ver:0.91

The European Central Bank has cut interest rates for the first time in nearly five years to boost the eurozone economy amid stubborn inflation. The rate cut aims to bring inflation down to the ECB's target of two percent, but analysts caution that the number of rate cuts may be limited due to persistent inflationary pressures. The move diverges from the US Federal Reserve, which is not expected to start cutting rates until later. ECB President Christine Lagarde's press conference and updated forecasts will provide insight into the pace of future cuts. #ECB #interestrates #eurozone #inflation...

#newstr #Ecb #InterestRates #Eurozone #Inflation #EconomicGrowth

https://here.news/story/e27004a0?ver=0.91
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