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European Central Bank signals cautious approach as inflation pressures ease

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The European Central Bank indicated today that it will move cautiously on future interest rate decisions after fresh data showed inflation across the eurozone continuing to cool, easing pressure on households and businesses but still remaining above long-term targets. ECB officials said recent energy price stability and slowing consumer demand have helped bring inflation down, yet uncertainties linked to global supply chains and geopolitical tensions elsewhere mean policymakers are unwilling to declare victory too early, stressing that upcoming decisions will remain data-dependent while governments focus on balancing growth and fiscal discipline.

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