Increasing Confidence in European Central Bank's Rate Cut in September

The Vice President of the European Central Bank (ECB), Ludger Müller, stated that confidence in the possibility of a rate cut at the upcoming bank meeting in September is growing. This comment was made by Müller in the context of the current economic situation in Europe, characterized by a slowdown in inflation and declining economic activity. He noted that the data on consumer prices and the current economic dynamics are leading to a reassessment of the previously established interest rate strategy.

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