PANews reported on October 26 that according to Jinshi, ECB board member Knot said that the market has anticipated the path of interest rate cuts in advance, and we need to observe in December whether this is too optimistic. If there is an upward inflation risk, policy tightening may be slower, and all options on interest rates must be kept open. Decisions need to be made on a meeting-by-meeting basis to retain flexibility in interest rate choices. Although the current economic situation in the eurozone is not very good, it is not as bad as people say. The eurozone is expected to achieve a soft landing and a recession is not expected.
ECB Governing Council Member Knot: Markets have anticipated the path of interest rate cuts, and we need to see whether it is too optimistic
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