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ECB to opt for summer pause after initial rate cut

By Inquirer - 4 months ago
Frankfurt, Germany — The European Central Bank is expected to leave interest rates unchanged Thursday, giving the eurozone time to digest last month’s first cut since 2019 as the inflation path remains unpredictable. ECB governors lowered the closely-watched deposit rate from a record four percent to 3.75 percent at their June meeting, following an unprecedented

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