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ECB Will Need to Be Restrictive All Year Long, Lane Says - BNN Bloomberg

Summary by Bloomberg
The European Central Bank is on track to start cutting interest rates next month, but will need to keep policy in restrictive territory through 2024, according to Chief Economist Philip Lane.

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ECB Will Need to Be Restrictive All Year Long, Lane Says - BNN Bloomberg

The European Central Bank is on track to start cutting interest rates next month, but will need to keep policy in restrictive territory through 2024, according to Chief Economist Philip Lane.

·United States
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Bias Distribution

  • 100% of the sources lean Left
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Bloomberg broke the news in United States on Monday, May 27, 2024.
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