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More-upbeat ECB signals end to rate cuts

However, subdued inflation means it will continue to pump more stimulus into eurozone economy
Friday, June 9, 2017 - 05:50

European Central Bank.jpg
The European Central Bank signalled on Thursday that it planned no further interest rate cuts as eurozone prospects improved, but said subdued inflation meant it would continue to pump more stimulus into the region's economy.

Frankfurt

THE European Central Bank signalled on Thursday that it planned no further interest rate cuts as eurozone prospects improved, but said subdued inflation meant it would continue to pump more stimulus into the region's economy.

The currency bloc has been on its best

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