The ECB shouldn’t have cut interest rates

The European Central Bank (ECB) made a risky decision last month by cutting interest rates. Policymakers overlooked long-term inflation concerns and decided to act before having a full picture of the economy’s current state. They met in Frankfurt on June 5th, discussing the uncertainties surrounding energy and food inflation and whether these prices would stabilize […] source: https://www.cryptopolitan.com/the-ecb-shouldnt-have-cut-interest-rates/