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With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy. So what if policymakers just decide to keep rates where they are for even longer, and go through all of 2024 without cutting? ...
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Joachim Nagel, president of Deutsche Bundesbank, is warming to the possibility of European interest rate cuts starting in June. But he warned against expectations that a series of monetary easing moves is under way. Speaking at the DZ BANK Capital Market Conference in Berlin, held in co-operation with OMFIF and German state project financing bank KfW, Nagel ...
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