ECB Executive Committee: There is still room for interest rate cuts, inflation is close to target
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According to Golden Finance, ECB Executive Committee member Chipolone said that there is still room for interest rate cuts and inflation almost reaches its target. He pointed out that economic fundamentals did not differ significantly from the forecast for December last year, and interest rate cuts were consistent with the downward trend of inflation. Chipolone added that there is currently no evidence that inflation may be below target, risks generally tend to balance, and no signs of recession are seen, and soft landing remains the main scenario. (Gold 10)