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The Independent UK
The Independent UK
National
David McHugh

Europe's central bank hits pause on rate cuts as inflation takes its sweet time to come down to 2%

European Union Inflation Euro Europe United States ECB US Federal Reserve Jerome Powell eurozone Interest Rates
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Home buyers and businesses waiting for lower interest rates in Europe are going to have to wait a little longer as the European Central Bank takes its time to make sure stubborn inflation is firmly under control before lowering its benchmark rate again.

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