ECB Likely to Cut Rates Again Amid Euro and Inflation Challenges

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Source: CNBC
ECB Likely to Cut Rates Again Amid Euro and Inflation Challenges
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TL;DR Summary

The European Central Bank is almost certain to cut its key interest rate by 25 basis points, amid a sluggish eurozone economy and inflation near its 2% target, with further rate cuts expected later in the year, which could influence borrowing and savings rates for consumers.

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