Reported about 21 hours ago
Isabel Schnabel, a member of the European Central Bank's Executive Board, stated that while the ECB may lower borrowing costs further as inflation approaches 2%, caution is necessary due to increasing uncertainty, especially with the potential impacts of a new U.S. administration led by Donald Trump. She highlighted the need for careful assessment of economic conditions before making further rate cuts, noting challenges that the new German government will face after the upcoming elections.
Source: YAHOO