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ECB Delivers Landmark Rate Cut But Few Signals on Next Steps.
In: Bloomberg.com, 2024-06-06, S. N.PAG
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Zugriff:
The European Central Bank (ECB) has announced a quarter-point reduction in the key deposit rate to 3.75%, signaling a move away from record-high rates. However, the ECB did not provide any indication of further rate cuts in the future. The decision is seen as a step towards reversing the series of rate hikes implemented to combat high inflation in the euro zone. While recent data has shown enduring price pressures, investors and economists have lowered their expectations for rate cuts in 2024. The next rate cut is expected to take place in September. [Extracted from the article]
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ECB Delivers Landmark Rate Cut But Few Signals on Next Steps.
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Autor/in / Beteiligte Person: | Randow, Jana ; Schroers, Mark ; Weber, Alexander |
Zeitschrift: | Bloomberg.com, 2024-06-06, S. N.PAG |
Veröffentlichung: | 2024 |
Medientyp: | serialPeriodical |
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