Economist: Even if inflation continues to decline, it is unlikely to significantly cut interest rates

According to Golden Finance, the Chief Economist of the European Central Bank, Lian En, said that although most factors indicate that inflation in the eurozone will continue to decline, there are also other factors that may push up inflation, including the tense relationship between the EU and the US, and the failure of trade negotiations. When asked what this means for interest rate policy, Lien said, "We need to find a middle ground." "If we see signs of further inflation decline, we will respond with further interest rate cuts," he added. But the scope of discussion is not that broad: no one is talking about a significant interest rate cut. We are in a normal central bank policy zone