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The probability of a rate cut in October is rather small, but there are many reasons to support a rate cut in September

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2024-09-03 17:47:05
European Central Bank Governing Council member Simkus said that the possibility of a rate cut in October is quite small, but there are many convincing reasons to support the ECB's September rate cut; there is a very clear trend of falling inflation; economic growth is structurally weak; economic risks are skewed to the downside.
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