Editorial | Few companies celebrate results — more time is needed to boost the economy

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Editorial | Few companies celebrate results — more time is needed to boost the economy

The majority of large Finnish companies reported the results of their first half of the year last week. There was little to no big results party seen and the economy picking up seems to require more time. The European Central Bank has cut its key interest rates only once, by 0.25 percentage points in June, and there is uncertainty about the next rate cuts. Last week, the ECB decided to keep interest rates unchanged. Even at the beginning of the …