Global market rout may force central banks into early rate cuts – POLITICO Europe

From Google: 2024-08-05 07:50:36

Global market volatility may prompt central banks to cut interest rates sooner than expected. Economic uncertainty caused by the COVID-19 outbreak has led to sharp declines in stock markets worldwide. European stock markets have experienced their worst week since the financial crisis, with the Euro Stoxx 50 down 17%. Central banks are closely monitoring the situation.



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