ECB’s Nagel: June rate cut not necessarily followed up by a series of rate cuts

European Central Bank (ECB) policymaker and Bundesbank Chief Joachim Nagel said on Wednesday that a June interest rate cut may not be necessarily followed up by a series of rate cuts.
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Germany IFO – Business Climate came in at 89.4, above forecasts (88.9) in April

Germany IFO – Business Climate came in at 89.4, above forecasts (88.9) in April
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