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ECB tipped to pause one last time before June rate cut
ECB tipped to pause one last time before June rate cut
Economy
by  AFP

Buoyed by falling inflation, the European Central Bank is expected to keep borrowing costs on hold one last time Thursday while laying the ground for a first interest rate cut in June. Like other central banks, the ECB is now weighing the best time to switch gears and support economic growth through lower rates -- without endangering the progress on inflation.