ECB policy decision: Central bank keeps rates steady at 2% as inflation nears target; debate shifts to timing of next cut
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The European Central Bank has maintained its interest rates at 2%, citing an uncertain economic outlook due to global trade disputes and geopolitical tensions. While inflation is near its target, policymakers are divided on future rate cuts. Concerns about a strong euro and slowing wage growth are also present, with some economists predicting a return to rate cuts in 2026. What's Your Reaction?
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