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Decision-Makers Have Revealed Their Cards: This Is the Kind of Autumn that Awaits Europe
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1 Articles
In mid-summer, it seemed that the European Central Bank (ECB) would only temporarily pause its interest rate cut cycle and that at least one more rate cut would come in the fall. In contrast, it now seems that the key interest rate in the euro area may remain at its current level for a long time. This is also reinforced by recent statements by ECB decision-makers, which mostly spoke of balanced risks and an optimal interest rate level.
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