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13.03.2024

ECB's Governing Council member Villeroy: A spring rate cut remains probable

European Central Bank Governing Council member Francois Villeroy de Galhau said on Wednesday that a spring rate cut remains probable, as victory against inflation is in sight. He also noted that spring in Europe is a season that lasts from April to June 21. In addition, the official admitted that the ECB is more likely to cut interest rates in June than April but emphasized that the decision will depend on the data.

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