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Europe’s inflation is way down. But hope is gone for a quick interest rate cut

By Financial Post - 9 months ago
FRANKFURT, Germany (AP) — Europe’s energy crisis sparked by Russia’s war in Ukraine has eased. Inflation is way down from its painful double-digit peak. But there likely won’t be an interest rate cut at the European Central Bank’s meeting Thursday, even as higher borrowing costs weigh on the stalled economy. And the wait could be […]

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