Further interest rate cuts are likely if current inflation forecasts remain accurate, according to European Central Bank Vice President Luis de Guindos.
In an interview with the Nordic newspaper Helsingin Sanomat, he emphasized that the pace and magnitude of any future reductions will be closely tied to the evolution of inflation rates.
Guindos acknowledged the challenges in predicting the specific number and size of potential rate adjustments, highlighting the uncertainty surrounding economic conditions.
The ECB's approach will be data-driven, focusing on inflation trends as a key determinant for monetary policy decisions moving forward.