TechFlow, October 17 — According to Jinshi News, Marcel Alexandrovich, an economist at investment consultancy firm Saltmarsh Economics, said the European Central Bank has cut interest rates for the first time consecutively since 2011 and is on track for another rate cut in December. Even after today's rate reduction, policy rates remain in restrictive territory. With easing inflationary pressures, the Governing Council can confidently bring interest rates down toward neutral levels.
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