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European Central Bank may cut rates in September, December
The European Central Bank (ECB) is most likely to cut rates in September or December, while it’s expected to pause its rate cut cycle in July. Uncertainties in the eurozone because of US tariffs are expected to prompt the ECB to pause cutting rates for now and adopt a wait-and-see approach. Peter Vanden Houte, chief economist at the ING Group, told Anadolu that the ECB’s monetary policy is “in a good place now” and is not restrictive anymore. “However, the latest economic developments seem to suggest some deflationary pressure: the euro has seen a substantial appreciation since the beginning of the year; at ... (full story)