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ECB announces lower interest rates for first time since 2019


The European Central Bank (ECB) announces its first interest rate cut since 2019, reducing borrowing costs from record highs, but giving few clues about its next move while warning of continuing inflation pressures. "The governing council today decided to lower the three key ECB interest rates by 25 basis points," says Christine Lagarde, ECB President. SOUNDBITE

Added on the 06/06/2024 15:24:19 - Copyright : AFPTV - First images

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