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  • ECB set to deepen global easing with interest rate cut it didn't expect

    From business-standard.com

    The European Central Bank will probably advance the global push for monetary easing in the coming week with an interest-rate cut that policymakers had all but ruled out just a month ago. The third quarter-point reduction of this cycle is seen likely by economists to herald a longer-lasting acceleration in action by officials seeking to cushion the euro zone from the hit to growth created by an extended period of high borrowing costs, and now playing out with a lag. chart ECB President Christine Lagarde, at the press conference she’ll host after Thursday’s gathering near the Slovenian capital of Ljubljana, may ... (full story)

Neutral rate is 1 or below. So get it going before EU sinks deeper into it.
Rates at this level is certainly the answer to..
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