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ECB Ready to Cut Rates Further
Officials at the European Central Bank
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Officials at the European Central Bank are preparing for further interest rate cuts, anticipating that U.S. tariff policies will inflict serious and prolonged damage on the economy, even if the Trump administration softens its stance.After a series of intense meetings at the International Monetary Fund last week, most European policymakers left Washington disappointed. Many expect that Donald Trump's unpredictable behavior will continue to fuel uncertainty, holding back spending and investment for some time. Clearly, the impact of Trump's unpredictability extends
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Jakub Novak,
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