Inflation is down in Europe, but the European Central Bank is in no hurry to make more rate cuts

4 months ago 3

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Inflation in the 20-nation eurozone crept lower to 2.5% in June, but remained stuck above the level favored by the European Central Bank, which is in no hurry to add more rate cuts after a first tentative reduction in its benchmark rate.

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Inflation is down in Europe, but the European Central Bank is in no hurry to make more rate cuts

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