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    ECB’s Cipollone: ECB has room to lower rate swiftly despite wage rebound

    Source Fxstreet
    Mar 27, 2024 09:52

    European Central Bank (ECB) Executive Board member Piero Cipollone, in a scheduled speech on Wednesday, said that the ECB has room to cut interest rate swiftly despite wage rebound.

    Additional quotes

    A recovery in salaries is needed for Europe’s struggling economy to regain some momentum.

    So far from neutral rate that there is room to adjust.

    Disclaimer: For information purposes only. Past performance is not indicative of future results.
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