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ECB's Stournaras: Two more rate cuts this year seem reasonable

ECB's Stournaras: Two more rate cuts this year seem reasonable

CointimeCointime2024/07/04 00:55
By:Cointime

ECB committee member Stournaras stated that it seems reasonable to cut interest rates twice this year; recent data strengthens the case for further rate cuts; even with two more cuts, the central bank's interest rate will still be at a restrictive level; service inflation should not be overinterpreted.

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