ECB officials: Interest rate cuts this year will follow a "neutral stance"
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European Central Bank Chief Economist Philip Lane stated that there is room for further easing of monetary policy by the European Central Bank in 2024. However, if interest rates decline too quickly, it will be difficult to control inflation in the services sector; conversely, if interest rates remain at excessively high levels for too long, it may excessively weaken inflation momentum, causing the inflation rate to fall below the target level of 2%
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