Reported 26 days ago
Fabio Panetta of the European Central Bank emphasized the necessity of pursuing interest rate cuts as inflation nears the 2% target and risks appear manageable. He noted that the current monetary stance is exerting lowering pressure on economic activity and inflation, suggesting that a cautious approach could lead to persistently low inflation. Panetta also highlighted the need for European nations to improve investment to bolster growth in the face of global challenges.
Source: YAHOO