European Central Bank's Schnabel: The European Central Bank's interest rate cut cycle may be nearing its end.

Jin10 reported on October 16 that European Central Bank Governing Council member and newly appointed President of the Austrian Central Bank, Martin Kocher, stated in an interview that there is limited room for further interest rate cuts by the European Central Bank. He said during an interview on Thursday: “I believe we are at the end of the rate-cutting cycle, or at least very close to it.”