European Central Bank Council member: It is only necessary to cut interest rates by 50 basis points in case of a severe deterioration in the situation.

Odaily Planet Daily News European Central Bank Council member Patzalides said it is only necessary to cut interest rates by 50 basis points in the event of a serious deterioration in the situation. The inflation rate is expected to reach 2% earlier than expected, and the inflation risk is fairly balanced. rise faces downside risks, and the European Central Bank can better assess its position in December. (IG)

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