ECB’s Stournaras Advocates Gradual Approach to Rate Cuts Amid Economic Uncertainty

In a notable statement reflecting the European Central Bank's (ECB) monetary policy strategy, Bank of Greece Governor Yannis Stournaras emphasized the importance of a measured pace for reducing interest rates. This comment comes at a time when the ECB is navigating through a complex economic landscape characterized by persistent inflation rates and varying growth prospects among member countries.

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