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26.07.2024

Irish central bank's ex-deputy governor Gerlach: The likelihood of a rate cut by the ECB in September is material

Ex-deputy governor of Irelan's central bank Stefan Gerlach said on Friday that, in his view, the likelihood of a rate cut by the European Central Bank in September is material. 

He suggested that the ECB will be able to continue lowering interest rates as he sees further easing in the euro-area inflation pressures and natural weakness in economic activity.

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