Cryptopolitan
2024-02-25 00:53:10

ECB stays grounded, no rush on interest rate cuts

Gabriel Makhlouf, a key member of the European Central Bank’s (ECB) Governing Council, recently made it clear that the bank is in no hurry to slash interest rates. Despite the labor market’s impressive resilience and expectations for economic growth to pick up later this year, Makhlouf emphasizes the need for patience. He points out that

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