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Live Updates  >  Live Update Details

2026-11-04 02:37:32

European Central Bank Governing Council member Sleipong stated that tightening monetary policy is dragging down European economic growth, causing its pace to slow. While the ECB's current tightening monetary policy was initially intended to curb high inflation in the region, the policy transmission effect is also impacting the economy, raising market financing costs and suppressing economic activities such as consumption and investment. This impact is gradually becoming apparent in economic data.

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