May 24 | Joachim Nagel, President of the German Central Bank, said that the European Central Bank is expected to reduce borrowing costs at the next meeting. "If the situation remains as it is and the forecast does not say anything completely different, then the possibility of taking the first step of interest rate reduction will increase," he told reporters. He is in the Group of Seven Long and In his speech on the sidelines of the meeting, the governor of the Central Bank stressed that even if actions were taken in June, "it is important for me that this decision should not make people feel that it will go down all the way."
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