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globalreutersMay 14, 20241 Mins read
ECB’s Wunsch: First 50 bps of rate cuts close to a no-brainer
globalreutersMay 14, 20241 Mins read European Central Bank (ECB) policymaker Pierre Wunsch told German newspaper Handelsblatt the first two 25 basis points reductions in key ECB rates were close to a “no-brainer” but added that high rates for longer by the US Federal Reserve could lead to a slower pace of rate cuts.
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