The European Central Bank (ECB) may reduce interest rates further as eurozone inflation drops close to its 2% target, according to policymaker François Villeroy de Galhau. With inflation easing and economic growth slowing, the ECB sees room for gradual rate cuts, possibly starting in June. Villeroy emphasized a data-driven approach amid external pressures like U.S. tariffs, while affirming that the eurozone is not facing a recession, and monetary policy flexibility remains essential.
The U.S. Central Intelligence Agency (CIA) is reportedly preparing to cut approximately 1,200 jobs as part of a broader internal restructuring effort. The move is aimed at streamlining operations and reallocating resources to key strategic priorities, including cybersecurity and intelligence gathering in high-risk regions. While details remain limited, the job cuts are expected to impact various departments and reflect a shift in the agency’s long-term mission focus.
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