ECB executive Schnabel: The threshold for another interest rate cut is very high
2025-07-11 07:43:42
Mr. Schnabel, the ECB executive, said the central bank was in a strong position because medium-term inflation expectations were on target and risks to the growth outlook were more balanced. As a result, the threshold for another rate cut was very high. The plan was to gradually reduce the monetary policy bond portfolio to zero.
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