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ECB To Take Measured Steps Post June, Kazaks Advises

Latvian central bank Governor Kazaks attends economic conference in Riga

The European Central Bank (ECB) is not rushing to lower interest rates, according to a statement made by a senior official. The ECB is expected to proceed cautiously and take deliberate actions following its June meeting.

The official emphasized the importance of measured steps in the decision-making process. This approach suggests that any potential rate cuts will be carefully considered and implemented gradually.

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