ECB’s Kazaks Signals Continued Gradual Interest Rate Cuts
ECB’s Martins Kazaks advocates for continued gradual interest rate cuts, aligning with the bank’s recent decision to lower key rates by 25 basis points in October.
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ECB’s Martins Kazaks advocates for continued gradual interest rate cuts, aligning with the bank’s recent decision to lower key rates by 25 basis points in October.
The European Central Bank has announced a 25 basis point cut to three key interest rates, aiming to stimulate economic growth amid uncertainty. The changes will take effect from October 23.
At the Bund Summit, former ECB President Jean-Claude Trichet discusses with CGTN’s Michael Wang the ECB’s success in reducing eurozone inflation and the ongoing challenges in balancing growth.
The European Central Bank has held its key interest rates steady at record highs, signaling a cautious approach amid global economic uncertainties.