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Morning Brew
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ECB cuts interest rates; Biden slams ‘dictator’ Putin

And Rishi Sunak fact-checked over using term ‘gangbusters’.

ECB president Christine Lagarde.

Ata mārie and welcome to Friday’s recap of the main business and political news from around the world.

First up, the European Central Bank cut its main interest rate from an all-time high of 4% to 3.75%, as widely expected, saying it had made progress on tackling inflation.

That followed

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Jonathan Mitchell Fri, 07 Jun 2024
Contact the Writer: jmitchell@nbr.co.nz
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ECB cuts interest rates; Biden slams ‘dictator’ Putin
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