ECB's Makhlouf Predicts Interest Rate Decline, Emphasizes Cautious Approach

In recent comments, Philip Makhlouf, a prominent member of the European Central Bank (ECB), has indicated that a reduction in interest rates is on the horizon, but warned of the need for a measured pace in implementing such changes. His insights come amid ongoing discussions concerning the future direction of monetary policy in the Eurozone, which is grappling with inflationary pressures and economic uncertainty.

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