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ECB key interest rate: Hopes for a rate cut are rising
The Eurozone is showing signs of a gentle recovery ahead of the upcoming ECB meeting. Find out which signals are relevant for economic policy.
ECB key interest rate: Hopes for a rate cut are rising
The European Central Bank (ECB) will discuss interest rates next week and rate cuts are expected to take place later this year. However, it is unlikely that these will be implemented before June. Christine Lagarde, the director of the ECB, has previously emphasized that economic data must be carefully examined before cutting interest rates. However, there are now the first faint signs of an economic recovery in the euro area, which increases hopes that interest rates will be cut soon.