European Central Bank sparks concerns in diverging from Fed

By Agence France-Presse

Jun 13, 2024 12:28 am

BERLIN — In a rare move, the European Central Bank (ECB) last week beat the US Federal Reserve to the monetary policy easing punch when it cut interest rates for the first time in nearly five years.

AFP (Agence France-Presse) looks at why it was the first to act and whether the divergence holds any risks.

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