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ECB’S CIPOLLONE: ECB HAS ROOM TO LOWER RATE SWIFTLY DESPITE WAGE REBOUND

guntur360
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European Central Bank (ECB) Executive Board member Piero Cipollone, in a scheduled speech on Wednesday, said that the ECB has room to cut interest rate swiftly despite wage rebound.

Additional quotes

A recovery in salaries is needed for Europe’s struggling economy to regain some momentum.

So far from neutral rate that there is room to adjust.


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