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flag ECB official says eurozone rates are appropriate, no immediate changes expected.

flag European Central Bank policymaker Jose Luis Escriva stated that current interest rates in the eurozone are appropriate and no further guidance is needed, emphasizing a data-dependent approach. flag He noted inflation rose to 2.2% in September, in line with forecasts, and risks remain balanced, with no signs of overheating or materialized growth risks. flag While rates were held steady in October, future adjustments remain possible if economic data shifts. flag The ECB maintains full policy optionality, with no immediate plans for changes.

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