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International Business Times
International Business Times
Business
Sam Reeves

ECB To Cut Rates Again Amid Bleak Eurozone Outlook

The ECB is set to cut interest rates for a fourth time this year (Credit: AFP)

The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone's two biggest economies adding to the troubled picture.

It would be the ECB's third straight reduction as it increasingly focuses on spurring lending to boost consumer spending and business investment in the 20 countries that use the euro.

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