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ECB Governing Council Nagel: ECB interest rate cuts reflect weakening inflationary pressures

European Central Bank Governing Council Nagel said that the European Central Bank's interest rate cut reflects the weakening of inflationary pressures; the European Central Bank has not been very surprised by the rebound in inflation; the German economy has accelerated; in order to achieve economic growth, Germany needs to deal with structural challenges; the debt brake is of great significance, and the Bundesbank is the main supporter of this mechanism.