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Central Bank Chief Gabriel Makhlouf Discusses ECB Interest Rates and Digital Euro Innovations

Gabriel Makhlouf, Governor of the Central Bank, addressed the possibility of an interest rate cut at the December meeting, stating it is not guaranteed. He emphasized caution in monetary policy despite potential changes in the US administration under Donald Trump. Makhlouf also discussed the importance of public innovation in payment systems, advocating for a digital euro to enhance financial stability and consumer preferences for digital payments, while also voicing concerns over speculative crypto assets and highlighting the transformative potential of artificial intelligence in the finance sector.

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