What was the expected rate cut by the ECB in the discussed meeting?
ECB Cuts Rates for Third Straight Time

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Business, Social Studies
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
0.25%
0.50%
1.00%
1.50%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the reason given for not supporting a 50 basis point rate cut?
Political stability
Decrease in inflation
Economic growth
Increase in negotiated wages
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What did Christine Lagarde previously indicate about inflation risks?
They were tilted to the upside
They were balanced
They were tilted to the downside
They were negligible
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What change in language did the ECB make in their statement?
Added 'restrictive'
Removed 'restrictive'
Added 'expansive'
Removed 'expansive'
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are some of the broader challenges mentioned that Europe is facing?
Increase in global trade
Wars in Ukraine and the Middle East
Economic growth in Germany
Political stability in France
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