On February 15, according to a report by Jin Ten, European Central Bank Executive Panetta said that there is no need to hold back on interest rate cuts. Since the 2% price target is imminent and inflation risks are also decreasing, there is no need to delay interest rate cuts. Panetta on Saturday...
The European Central Bank's Governing Council member, Panetta, said that the European Central Bank clearly sees that the inflation outlook in the euro area has improved; the euro area economy has weakened significantly; we are still far from the neutral interest rate; I will not take it for granted that we will stop at the neutral rate, and cannot rule out the possibility of a lower rate.