ECB executive: There is still room to cut interest rates, inflation is close to target

ECB executive member Chipolone said that there is still room for interest rate cuts and inflation is almost on target. He pointed out that economic fundamentals are not significantly different from the forecast in December last year, and interest rate cuts are in line with the downward trend of inflation. Chipolone added that there is currently no evidence that inflation may be below target, risks are generally balanced, and there are no signs of recession, and a soft landing remains the main scenario. (Golden Ten)