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European Central bank policymakers discussed the drop in Inflation at their September meeting and advocated for a gradual policy easing, citing ongoing domestic price pressures. While the ECB reduced Interest rates last month, the possibility of another cut in October seems likely, with December also under consideration.
The ECB emphasized the importance of monitoring Inflation to ensure it reaches the 2% target in a sustainable manner. With weak growth, easing price pressures, and slowing wage growth, further easing measures are anticipated in the near future.
The next ECB meeting is scheduled for October 17, with a rate cut expected. Additionally, a move in December is widely anticipated.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.
