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ECB Governing Council Member Makhlouf: No Urgency in Rate Cuts as Inflation Stabilizes
2025-07-29 /
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Author：小编
Gabriel Makhlouf, a member of the Governing Council of the European Central Bank (ECB), stated that inflation has stabilized, and there is no immediate need to proceed with further interest rate cuts. He emphasized that economic growth in the eurozone is in line with expectations, and the current monetary policy has entered a period of observation. This stance aligns with that of ECB President Lagarde and other policymakers. Last week, the ECB decided to maintain its interest rates unchanged, marking the first pause in rate cuts in over a year, amidst internal deliberations regarding the necessity of further reductions.
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