European Central Bank poised to cut rates again as inflation drops below target --[Reported by Umva mag]

LONDON (AP) — The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut borrowing costs once again on Thursday after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning. The bank’s rate-setting council […]

Oct 17, 2024 - 06:18

European Central Bank poised to cut rates again as inflation drops below target --[Reported by Umva mag]

LONDON (AP) -- The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut borrowing costs once again on Thursday after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning. Read More

The following news has been carefully analyzed, curated, and compiled by Umva Mag from a diverse range of people, sources, and reputable platforms. Our editorial team strives to ensure the accuracy and reliability of the information we provide. By combining insights from multiple perspectives, we aim to offer a well-rounded and comprehensive understanding of the events and stories that shape our world. Umva Mag values transparency, accountability, and journalistic integrity, ensuring that each piece of content is delivered with the utmost professionalism.

European Central Bank poised to cut rates again as inflation drops below target --[Reported by Umva mag]

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