Apr 15, 12:23 PM

ECB to Cut Interest Rates in June, Lane Warns of Consumer-Price Growth Challenges

European Central Bank (ECB) is expected to cut interest rates in June, as indicated by Governing Council members Francois Villeroy de Galhau, Rehn, Kazimir, and Chief Economist Philip Lane. The decision is based on the need to address inflation concerns and support economic recovery. Lane also highlights challenges in consumer-price growth and the importance of wage moderation for inflation convergence.

#European Central Bank #ECB #Council #Francois Villeroy de Galhau #Rehn #Kazimir #Philip Lane #Lane

Written with ChatGPT (GPT-3).

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ECB to Cut Interest Rates in June, Lane Warns of Consumer-Price Growth Challenges

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