
Lagarde: Inflation currently faces "two-way risks" and the European Central Bank will further cut interest rates

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European Central Bank President Christine Lagarde stated that the inflation outlook faces "two-way risks" and will further lower interest rates. She pointed out that despite having cut rates four times, the current rate still restricts economic activity, and a shift towards a neutral policy may occur in the future. The Eurozone's economic growth is sluggish, with weak household and business spending, and it is expected that the economic growth rate will accelerate to 1.1% next year. Analysts believe that borrowing costs will continue to decline, with investors betting on a greater possibility of rate cuts
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