ECB Maintains Inflation Outlook Amid Uncertainty

According to BlockBeats, the European Central Bank's meeting minutes from November 27 indicate that its assessment of the inflation outlook remains largely unchanged. Some officials believe that the cycle of interest rate cuts has concluded, as the favorable outlook is likely to persist unless risks materialize. The central bank suggests that adopting a prudent strategy could enhance the chances of maintaining a positive state. Strategically, monetary policy should not be adjusted for moderate and temporary inflation fluctuations around the target but should only be altered if there is a significant deviation from the target expected in the medium term. However, most members acknowledge that the risks surrounding the inflation outlook are two-sided, and the inflation outlook remains more uncertain than before. Overall, the value of waiting for more information remains high.