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European Central Bank committee: There may be two more interest rate cuts by the European Central Bank this year, and it is expected to further reduce interest rates in 2025.
Odaily Planet Daily News, Europe’s Central Bank committee member Stournaras believes that there is a possibility of two interest rate cuts by the European Central Bank this year, and further rate cuts are expected in 2025. He believes that inflation may reach the European Central Bank’s target of 2% in the first half of 2025, supporting the European Central Bank to cut interest rates by 25 basis points twice this year. (FT)