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ru24.net
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Июль
2024

ECB rates seen firmly on hold, but door to September cut still open

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The European Central Bank is expected to keep interest rates unchanged on Thursday, while indicating that a future rate cut is still planned, though the details may remain vague. This decision comes after a rate reduction last month, which some policymakers felt was hurried. Despite inflation and wage growth being high, the ECB appears cautious about further moves.



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