Reported about 8 hours ago
Klaas Knot, a member of the European Central Bank Governing Council, expressed that the market's expectations for interest-rate cuts in January and March are reasonable, though any future commitments are uncertain due to global factors. Knot believes inflation will reach the 2% target, paving the way for potential rate cuts next week. He noted risks from US trade policies, emphasized the importance of data in guiding decisions, and stressed that consumer reluctance to spend should not deter economic recovery.
Source: YAHOO