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02.12.2024

ECB's Governing Council member Kazaks: ECB's policymakers will definitely discuss a bigger rate cut in December

European Central Bank Governing Council member Martins Kazaks said on Monday that the ECB's policymakers will definitely discuss a bigger rate cut in December. 

However, the official highlighted that the uncertainty is still very high as there are a lot of geopolitical risks and the way the U.S. will implement tariff increases remains unknown. "Therefore, we still have to remain cautious," he added.

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