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flag ECB warns US-China trade war may hurt Eurozone, signals more interest rate cuts possible.

flag The European Central Bank (ECB) warns that the US-China trade war could negatively impact the Eurozone, with ECB member Piero Cipollone noting that interest rates have room to fall further as inflation decreases. flag The ECB has already cut borrowing costs five times since June, and investors expect more rate cuts this year. flag Cipollone stated that while trade tensions could affect growth and prices, the economy, including the labor market and consumption, shows resilience, and a recession is unlikely.

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