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    • ECB Delivers Its First Rate Cut in Five Years

      US News & World Report· 1 day ago

      It lowered its record-high deposit rate by 25 basis points to 3.75%, but raised its inflation forecast for this year and the next. The ECB stressed any ...

    • Lagarde Comments at ECB Press Conference

      US News & World Report· 1 day ago

      The European Central Bank cut borrowing costs from record highs on Thursday, acknowledging progress in its battle against high inflation but also signalling that fight had ...