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European Central Bank President Lagarde: It is not advisable to arbitrarily decide to raise interest rates by 50 basis points based solely on economic forecasts

2024-10-22 14:35

Odaily Planet Daily News: European Central Bank President Lagarde said that the pace of interest rate cuts will be determined later, and it is not advisable to arbitrarily decide to raise interest rates by 50 basis points based solely on our economic forecasts. We need to carefully examine and be as meticulous as possible, as we are getting closer to an expected economic equilibrium point. (Golden Ten)

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