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ECB Management Committee: Support gradual rate cuts by 25 basis points
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3 hours ago 3,297
Golden Finance reported that the ECB's Management Committee Centenau said that in order to maintain inflation at 2%, the ECB may need to lower interest rates below neutral rates. Neutral interest rates will be below 2%, and it is necessary to clearly maintain the downward trend of interest rates. He also said that he supports a gradual cut of 25 basis points.
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