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A(nother) Cautious ECB Cut Amidst Uneasy Stability

The ECB unanimously cut its main policy rate to 3.5% at its September policy meeting, and we anticipate a gradual and limited path with further rate cuts, at least until the end of 2024.

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PGIM

A(nother) Cautious ECB Cut Amidst Uneasy Stability

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