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European Central Bank Governing Council Knott: The market has expected the path of interest rate cuts in advance, and it needs to be observed in December whether this is too optimistic

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2024-10-26 16:39:10
More confidence needs to be seen that wages will fall as expected and the labour market remains tight. The market has anticipated the path of interest rate cuts ahead of time and will need to see in December if this is too optimistic, said ECB Governing Council Commissioner Knott.
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