ECB's Lagarde Takes Cautious Approach on Rate Cuts Amid Inflation Uncertainty
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#ea057d29 ver:0.05
ECB President Lagarde takes cautious approach on rate cuts amid inflation uncertainty, emphasizing the need for more data to confirm risks have passed. Investors expect slow rate cuts as inflation concerns outweigh recession fears. Lagarde aims to shift ECB's focus from activism to alertness, facing criticism for delay in raising rates. She commits to staying until 2027, making difficult decisions in a shifting economic landscape. ECB aims to bring inflation down to 2% by 2025, conducting a review of monetary policy strategy. EU faces challenges from multiple fronts, including political uncertainty and low inflation. #ECB #inflation #economy...
#newstr #Ecb #ChristineLagarde #Inflation #InterestRates #EconomicGrowth
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