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ECB official says very unlikely to cut interest rates due to strong eurozone economy and stable inflation.
ECB board member Isabel Schnabel stated that the threshold for another interest rate cut is very high, as the eurozone economy is performing better than expected and inflation is stable at 2%.
Schnabel noted that core inflation is projected to meet the ECB's 2% target, and she sees the economy as resilient despite global trade tensions.
The ECB is unlikely to lower rates further unless there's a significant economic downturn.
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Un funcionario del BCE dice que es muy poco probable que recorte las tasas de interés debido a la fuerte economía de la eurozona y la inflación estable.