If the Federal Reserve waits to cut interest rates, will the European Central Bank follow suit?
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As world's central banks wrestle with when to cut rates, Europe signals it's ready to move
The European Central Bank signalled Thursday it could cut interest rates at its next meeting in June, a big step as the rich world's central banks, including the U.S. Federal Reserve, wrestle with how soon declining inflation will let them lower credit costs for business and consumers. The bank left
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Central banks must resist pressure for early rate cuts, says IMF head
Kristalina Georgieva also cautions of danger of ‘tepid twenties’ – a decade of sluggish economic growthBusiness live – latest updatesUK politics – latest updatesThe world’s leading central banks must resist calls from politicians for early interest rate cuts amid concerns over stubbornly high inflation on both sides of the Atlantic, the head of the International Monetary Fund has urged.Kristalina Georgieva said high inflation across advanced economies was “not fully defeated” and could require a...
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European Central Bank gives strong signal that cuts are on the way despite Fed uncertainty
The euro zone's central bank held interest rates steady for a fifth straight meeting.