ECB Must Cut Rates Next Month on Poor Economy, Kazaks Says

By Yahoo! Finance   |   1 year ago
ECB Must Cut Rates Next Month on Poor Economy, Kazaks Says

European Central Bank member Martins Kazaks suggests lowering interest rates next month due to poor economic indicators. The ECB has already cut rates three times, with expectations for another cut in December amid a potential half-point reduction. Despite inflation possibly exceeding the 2% target, further rate cuts are being considered.

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