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Tuesday
04
Aug 2026
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European Central Bank sets new inflation target at 2%

The ECB said its target would be symmetric

Unfazed by lira’s decline, Turkey persists with lowering interest rates

The domineering president has eroded central bank independence to exert more control over the economy

Inflation outlook unchanged, Turkey tees up more rate cuts

Relative stability

IMF projects a 2.4% rise in Greek GDP in 2019 before it drops off

The Fund released its annual World Economic Outlook report

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