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ECB President's Address Following the Announcement of a 25 Basis Point Rate Reduction
2 week ago /
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Author：小编
On June 5, the European Central Bank (ECB) made an announcement that heralded a fresh chapter in monetary policy by reducing its three cornerstone interest rates by 25 basis points. President Lagarde elaborated that future interest rate adjustments would be agilely calibrated in response to economic indicators, underscoring the ECB's unwavering commitment to achieving price stability without preconceived policy trajectories. She highlighted that this rate cut was predicated on the most recent analysis of the eurozone's inflation outlook, primarily driven by the decline in energy prices and the appreciation of the euro. It is noteworthy that the next policy meeting of the ECB is penciled in for July 24.
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