logo

European Central Bank Executive Board Member Schnabel: Central Bank Should Keep Rates Unchanged, Inflation Could Still Be Higher Than Expected

By: theblockbeats.news|2025/09/02 06:52:18

BlockBeats News, September 2nd - Fabio Panetta, a member of the Executive Board of the European Central Bank, stated that the ECB should maintain the interest rate at the current level. This decision is based on the Eurozone economy's resilience to U.S. tariffs and the possibility that the inflation rate may still be higher than expected. The ECB previously concluded a year-long loose monetary policy phase and is now assessing the full impact of the July agreement on U.S. tariffs to determine if further interest rate cuts are necessary. Panetta is one of the most influential hawks at the ECB and believes that there is no need for further rate cuts. The current policy rate of 2% may "moderately" stimulate the already active economy. She stated: "I think we may have already adopted a mildly accommodative policy, so I do not see a reason for further rate cuts in the current situation." (FX678)

Metaplanet announces that the Special Shareholders' Meeting has passed resolutions, including increasing the authorized share capital, etc.
Ethereum Short-Term Breakthrough of $4400

You may also like

Share
copy

Gainers

Latest Crypto News

09:15

Bastion announces providing Sony Bank with stablecoin issuance, reserve management, and custody services

09:15

The UK government is considering banning cryptocurrency for political donations to avoid foreign interference

09:15

Federal Reserve Governor Bowman: Seeking to Establish New Rules for Banks and Stablecoins to Ensure Fair Competition

09:15

Sahara Official Denies "Token's Sharp Decline Due to Market Maker Liquidation"

08:45

Unlimit Launches Stablecoin Decentralized Clearing Platform Stable.com

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com