BlockBeats news, on November 27, the European Central Bank's minutes indicated that its assessment of the inflation outlook remains largely unchanged, with some officials believing that the interest rate cut cycle has ended, as the currently favorable outlook may persist unless risks materialize. The Central Bank believes that adopting a prudent strategy can increase the chances of maintaining a good state, and from a strategic perspective, the monetary policy stance should not be fine-tuned for mild and temporary fluctuations around the target, but should only be adjusted when there is a significant deviation from the target expected in the medium term. However, most committee members believe that the risks surrounding the inflation outlook are two-sided, and the inflation outlook remains more uncertain than ever. Overall, the value of waiting for more information is still very high. (Jin10)
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European Central Bank meeting minutes: The current uncertainty proves that maintaining the interest rate unchanged is reasonable.
BlockBeats news, on November 27, the European Central Bank's minutes indicated that its assessment of the inflation outlook remains largely unchanged, with some officials believing that the interest rate cut cycle has ended, as the currently favorable outlook may persist unless risks materialize. The Central Bank believes that adopting a prudent strategy can increase the chances of maintaining a good state, and from a strategic perspective, the monetary policy stance should not be fine-tuned for mild and temporary fluctuations around the target, but should only be adjusted when there is a significant deviation from the target expected in the medium term. However, most committee members believe that the risks surrounding the inflation outlook are two-sided, and the inflation outlook remains more uncertain than ever. Overall, the value of waiting for more information is still very high. (Jin10)