ECB officials hint at more interest rate cuts to stabilize inflation at 2% by 2025.

European Central Bank (ECB) officials suggest continuing interest rate cuts as inflation nears the 2% target. ECB Chief Economist Philip Lane advocates for a shift to a forward-looking approach, focusing on future risks rather than past data. ECB member Martins Kazaks supports further rate cuts, though uncertainties like US trade tariffs and ongoing disinflation may influence decisions. The ECB aims to stabilize inflation at 2% over 2025.

December 02, 2024
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