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The European Central Bank (ECB) is planning to cut interest rates in June, as indicated by various sources including Villeroy de Galhau. This move is expected to precede potential rate cuts by the Federal Reserve. Inflation rates in the UK are being closely monitored, with expectations of a quicker decline compared to the US, potentially leading to earlier interest rate cuts by the Bank of England.
UK Is Beating US On Inflation Fight And May Cut Rates Sooner - BBG https://t.co/9cu7b5h4E1
Britain is starting to rein in inflation at a quicker pace than the US. That may allow the Bank of England to cut interest rates sooner than the Fed https://t.co/FjioL4RmfW
The UK is beating the US on inflation fight and may cut rates sooner https://t.co/rMUnlmZ4W6 via @PhilAldrick @highisland https://t.co/x08nh3HiXn
