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Cryptopolitan 2024-07-04 19:39:17

The ECB shouldn’t have cut interest rates

The European Central Bank (ECB) made a risky decision last month by cutting interest rates. Policymakers overlooked long-term inflation concerns and decided to act before having a full picture of the economy’s current state. They met in Frankfurt on June 5th, discussing the uncertainties surrounding energy and food inflation and whether these prices would stabilize

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