Reported about 1 month ago
European Central Bank's Governing Council member Madis Muller advocates for gradual and measured interest rate cuts, resisting calls for larger reductions from some colleagues. Muller emphasized the importance of maintaining a steady approach as confidence in reaching inflation targets grows. The ECB has already cut rates three times since June, with another reduction likely in December. While some members suggest more aggressive moves due to economic concerns, Muller remains optimistic about a gradual recovery.
Source: YAHOO