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Economic news
19.03.2024

ECB's Governing Council member de Cos repeats that the first rate cut may come in June, depending on data

European Central Bank Governing Council member Pablo Hernandez de Cos repeated on Tuesday that, in his view, the ECB could start cutting interest rates in June but it will depend on data.

The policymakers also said that risks to inflation are balanced, while risks to growth are clearly to the downside.

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