ECB should keep open mind on next rate cut

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WASHINGTON, D.C. ― The European Central Bank should keep its options open regarding future interest rate moves, Dutch central bank chief and ECB Governing Council member Klaas Knot said on Saturday, pushing back against market bets that a December cut is a done deal.

Last week the ECB cut interest rates for the third time this year, and four sources close to the decision told Reuters a fourth cut was likely in December unless data turned around in the coming weeks.

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