ECB Official Stournaras Discusses Interest Rate and Inflation Outlook

According to PANews, European Central Bank (ECB) Governing Council member Yannis Stournaras stated that further interest rate cuts are not justified solely based on downside risks. He emphasized that significant changes would be necessary to prompt additional actions. Stournaras also projected that the inflation rate in 2028 is likely to approach 2%, indicating a 'good balance' in the economic outlook.