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European Central Bank Cuts Rates for Second Time in Three Months

NYTimes.com Thursday, 12 September 2024 ()
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy.
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Video Credit: euronews (in English) - Published
News video: European Central Bank cuts interest rates again as inflation slows

European Central Bank cuts interest rates again as inflation slows 01:07

 The European Central Bank (ECB) has cut its key interest rates as the markets expected, marking its second reduction this year following a move in June.

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