ECB Rejects Promises to Cut Interest Rates

European Central Bank (ECB) President Christine Lagarde recently stated that there are currently no plans to lower interest rates. This announcement took many economists and analysts by surprise, as expectations grew that after several months of rate hikes, the central bank would begin easing its monetary policy. During the press conference, Lagarde emphasized that the ECB would closely monitor economic indicators and be prepared to respond to changes in the eurozone’s economic conditions.

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