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European Central Bank Signals Potential Interest Rate Cuts Amidst Economic Slowdown

European Central Bank Signals Potential Interest Rate Cuts Amidst Economic Slowdown

The European Central Bank (ECB) maintained its borrowing costs at a record high on Thursday, as widely anticipated. However, the central bank indicated a potential shift in its monetary policy, signaling the possibility of interest rate cuts in the near future. Despite keeping rates unchanged since September, the ECB has consistently hinted at the prospect […]