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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Banking

    Posted By Uma Rajagopal

    Posted on November 26, 2024

    Featured image for article about Banking

    FRANKFURT (Reuters) – The European Central Bank will keep cutting interest rates as inflation falls and its focus is slowly shifting to growth, which is proving fragile, ECB Vice President Luis de Guindos told a Finnish newspaper.

    “Concerns about high inflation have shifted to economic growth,” Helsingin Sanomat quoted de Guindos as saying. “The trajectory of our monetary policy is clear – if our projections are confirmed, we will continue making our monetary policy stance less restrictive.”

    (Reporting by Balazs Koranyi; Editing by Andrew Heavens)

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