PANews reported on September 21 that according to Cailianshe, ECB board member Stournaras said that further interest rate cuts are not reasonable based on downside risks alone; major changes are needed before more actions will be taken; the inflation rate in 2028 is likely to be close to 2%, which is in a "good balance."PANews reported on September 21 that according to Cailianshe, ECB board member Stournaras said that further interest rate cuts are not reasonable based on downside risks alone; major changes are needed before more actions will be taken; the inflation rate in 2028 is likely to be close to 2%, which is in a "good balance."
ECB's Stournaras: Inflation is likely to be close to 2% in 2028
PANews reported on September 21 that according to Cailianshe, ECB board member Stournaras said that further interest rate cuts are not reasonable based on downside risks alone; major changes are needed before more actions will be taken; the inflation rate in 2028 is likely to be close to 2%, which is in a "good balance."
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