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ECB's Kazaks: ECB forecasts assume two more rate cuts this year

ECB's Kazaks: ECB forecasts assume two more rate cuts this year

CointimeCointime2024/08/23 05:30
By:Cointime

ECB committee member Kazaks said that there is currently no reason not to continue with the plan to lower interest rates twice this year as previously forecasted, as the inflation trend in the euro area is consistent with expectations of further gradual rate cuts.

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