ECB's Elderson: Inflation risks are balanced

  • Comments from the ECB policymaker, Frank Elderson
ECB
  • Current interest rate level is appropriate

The majority of ECB members have been repeating this exact same comment for several weeks. The ECB has ended its cutting cycle in June 2025 and it's now just monitoring the economic developments.

They have also said many times that they won't respond to small or short-term devitations from their 2% target.

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