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ECB May Cut Rates More Than Three Times In 2022

New governor of Lithuanian central bank Simkus poses in Vilnius

The European Central Bank (ECB) is considering the possibility of cutting interest rates more than three times within the current year, according to a statement made by an ECB official, Simkus.

This potential move comes as the ECB aims to stimulate economic growth and combat the impact of global uncertainties, such as trade tensions and geopolitical risks.

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