“如果你在国内通胀仍高于2.5%的情况下突然加快降息，我不确定我们会发出一个非常好的信号，”他表示，“人们可能会认为，我们对经济的看法要消极得多。”European Central Bank Governing Council member Pierre Wunsch said in an interview that as inflation eases, the ECB may continue to cut interest rates and may eventually reduce interest rates to “close to 2%.”
The Zhitong Finance App learned that European Central Bank Management Committee member Pierre Wunsch said in an interview that as inflation eases, the ECB may continue to cut interest rates and may eventually reduce interest rates to “close to 2%.”
He said that if the inflation rate slows to the target level sooner than expected, officials will have reason to “gradually cut interest rates.” “We may and may even have to discuss lifting restrictions,” he said. But the warning says not to take bigger steps.
“If you suddenly cut interest rates faster while domestic inflation is still above 2.5%, I'm not sure we'll send a very good signal,” he said. “People may think that our view of the economy is much more negative.”
The ECB will meet on December 12, and the market expects the central bank to cut interest rates for the fourth time this year. Despite rumors that the central bank will cut interest rates by 50 basis points after economic data shows weakness, many officials say they are more inclined to “step by step.”
Bank of Greece Governor Yannis Stournaras hopes to cut interest rates at every meeting until interest rates drop to 2% from the current 3.25%. Executive Board member Isabel Schnabel indicated in an interview this week that borrowing costs may fall to a neutral level, but she admits it is difficult to say exactly where that level is.
Regarding Trump's return to the White House, Wunsch said that US trade tariffs may cause the euro to weaken, and “if this is the case, the impact of tariffs may slightly trigger inflation.”
