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European Central Bank Governing Council Stournaras: Two more interest rate cuts this year seem reasonable

Stournaras, the governing council of the European Central Bank, said that two more rate cuts this year seem reasonable; recent data strengthen the case for further rate cuts; even with two more rate cuts, central bank interest rates are still at restrictive levels; service inflation should not be read too much.

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2024-07-03 22:08:23
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