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ECB Rate Cut In June Based On Assumption Of Stable Inflation

European Central Bank Governing Council meeting in Inari, Finland

The European Central Bank (ECB) is considering a rate cut in June, assuming there are no setbacks in inflation, according to a statement from Finland's representative, Olli Rehn.

Rehn mentioned that the decision to lower interest rates is contingent upon the inflation outlook remaining stable. This move is part of the ECB's efforts to support economic growth and stability within the Eurozone.

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