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ECB set to cut deposit rate further this week, economist predicts

By doing so, money can be pushed out of the ECB's vaults into the real economy, she says

Dr Owens-Thomsen says China's growth slowdown must be seen in the context of the country's larger economic base.


A 10 basis-point rate cut on the European Central Bank's (ECB) deposit rate is likely to come into play when the bank's policy-making body meets this week, the chief economist of Credit Agricole Private Banking has predicted.

This comes amid an increase in deposits at the