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G7 Central Banks Respond to US Economic Chaos: ECB to Cut Rates
G7 Central Banks Respond to US Economic Chaos: ECB to Cut Rates
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G7 central banks are responding differently to the US economic chaos following President Trump’s trade war. The European Central Bank (ECB) is planning to cut rates by a quarter point this Thursday, while the Bank of Canada focuses on inflation amid ongoing trade tensions with the US. These approaches highlight how G7 central banks are navigating the complex global financial impact of the current US economic instability.
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