ECB Pauses After Series Of Cuts, Opting For A 'Wait And See' Approach
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ECB Pauses After Series Of Cuts, Opting For A 'Wait And See' Approach
The European Central Bank held interest rates steady Thursday after eight consecutive cuts, according to Barron's. ECB President Christine Lagarde said the eurozone economy remains resilient but emphasized a “wait and see” approach, adding the bank is “not pre-committing to a particular rate path." Inflation rose slightly to 2% in June ...
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