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Deutsche Bank: European Central Bank accelerates easing
Jinshi data news on October 17th, Deutsche Bank stated that the decision of the European Central Bank to continue cutting interest rates on Thursday is of great significance and may represent a turning point towards accelerating easing policies by the European Central Bank. Mark Wall, an economist at Deutsche Bank, stated in a report that the European Central Bank continues to avoid forward guidance and does not commit to a specific policy path, which is wise considering the uncertainty of the outlook. However, today’s decision is likely to represent a turning point where monetary policy will normalize more quickly.