ECB Cuts Interest Rates, Warns of Inflation Pressures
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#4d279d0f ver:0.58

The ECB cuts interest rates amid rising inflation pressures in the Eurozone. Inflation in May reached 2.6%, prompting expectations of a quarter-point cut at the June 6 ECB meeting. Italy's inflation rate remains low at 0.9%. The ECB warns of continuing inflation pressures and plans to keep policy rates restrictive. The rate cut is unlikely to signal a rapid easing cycle, and the chances of another cut in July are low. Investors await guidance from ECB President Lagarde on future cuts. #ECB #inflation #interestrates...

#newstr #Ecb #InterestRates #Inflation #Eurozone #EconomicForecast 

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