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inflationary pressure

European Central Bank, seeing no signs of recession, cuts interest rates again

LONDON (AP) — The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, does not expect the...

Bank of Korea Pivots With Hawkish Rate Cut as Real Estate Cools

(Bloomberg) -- The Bank of Korea cut its benchmark interest rate after local property markets showed signs of cooling and inflationary pressure eased sharply,...

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