The European Central Bank (ECB) is approaching the final stages of its rate-cut cycle, as stated by ECB President Christine Lagarde. This marks the eighth reduction in interest rates within a year, signaling that the central bank’s efforts to stimulate the economy through monetary easing may soon come to an end. The ECB’s decisions are closely watched by global markets, as they have significant implications for economic growth and inflation trends across the Eurozone. Subscribe to Economics Daily for further updates and expert analysis on the latest developments in the global economy.
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