ECB's Kazaks: Reduction in ECB rates is already very significant ...Middle East

There is no reason to cut rates at the moment

This is a strong message that he's done with rate cuts. This is also what the majority of the Governing Council has been saying. Some, like ECB's Schnabel, started to actually think about the possibility of rate hikes.

This article was written by Giuseppe Dellamotta at investinglive.com.

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