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Bundesbank's Nagel says he is open to another ECB rate cut

By Yahoo! Finance   |   Oct 8, 2024 at 12:25 AM EST
Bundesbank's Nagel says he is open to another ECB rate cut

Bundesbank President Joachim Nagel is considering another ECB interest rate cut due to weaker German economic growth. He supports the ECB's price-dampening effect and is optimistic about inflation nearing the 2% target.

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