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ECB President Lagarde hints at further interest rate cuts, predicting a drop to 1.75% by September 2025.
ECB President Christine Lagarde signaled that interest rates will likely be cut further, with money markets predicting a drop to 1.75% by September 2025.
The ECB's latest forecast shows average inflation at 2.1% for 2025, and policymakers are considering rates below the neutral level if inflation cools and growth weakens.
Lagarde noted that the bank is willing to cut rates if data confirms continued easing of inflation.
4 months ago
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