November 24, 2024

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ECB Maintains Interest Rates Amid Persistent Inflation Concerns

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ECB Maintains Interest Rates Amid Persistent Inflation Concerns
ECB Maintains Interest Rates Amid Persistent Inflation ConcernsThe European Central Bank (ECB) maintained its interest rates on Thursday, indicating that domestic price pressures and elevated inflation levels will persist into next year. After a recent rate cut, the ECB adopted a cautious stance, suggesting more evidence is needed before making another move. The ECB highlighted that while corporate profits are mitigating some […]