Gate.io data on February 27th, the minutes of the European Central Bank's January meeting showed that the European Central Bank concluded last month that the eurozone inflation rate is returning to target, but there are still some concerns about inflation, so caution is needed when sending out further rate cut signals. The European Central Bank cut rates for the fifth time since June last year and hinted at more loose policies, believing that the inflation rate is smoothly returning to the 2% target, and there is no longer a need to restrict economic growth. The European Central Bank said in the minutes: 'Members unanimously agreed that the process of eliminating inflation is on track. Some evidence suggests that since December, the risk balance has shifted to the upside.' Although the European Central Bank did not explicitly commit to further rate cuts, it indicated that the current interest rate is still limiting economic growth and that if inflation is controlled, it could move towards a more neutral interest rate setting.
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Avrupa Merkez Bankası toplantı tutanakları: Enflasyonun hedef yola geri dönmesi açık, politika genişlemesi hala dikkatli olmalı
Gate.io data on February 27th, the minutes of the European Central Bank's January meeting showed that the European Central Bank concluded last month that the eurozone inflation rate is returning to target, but there are still some concerns about inflation, so caution is needed when sending out further rate cut signals. The European Central Bank cut rates for the fifth time since June last year and hinted at more loose policies, believing that the inflation rate is smoothly returning to the 2% target, and there is no longer a need to restrict economic growth. The European Central Bank said in the minutes: 'Members unanimously agreed that the process of eliminating inflation is on track. Some evidence suggests that since December, the risk balance has shifted to the upside.' Although the European Central Bank did not explicitly commit to further rate cuts, it indicated that the current interest rate is still limiting economic growth and that if inflation is controlled, it could move towards a more neutral interest rate setting.