ECB cut its deposit rate by 25 bps points to 2.25% as widely expected, but the more notable shift came in the tone of its accompanying statement. ECB completely removed the reference to its policy stance being “restrictive,” a phrase that had previously signaled a bias toward further monetary easing. This change suggests policymakers believe […]
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Under longtime CEO John Legere, T-Mobile often seemed like a company engaged in a fight its opponents did not want to be part of. Legere, at least at the start of his tenure, was running Read more…
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