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ECB board member Jose Luis Escriva expressed that there are currently no clear indicators suggesting a significant deviation in the euro zone’s Inflation trend, which would necessitate a change in the Central bank‘s plan for potential rate cuts. The governor of the Bank of Spain mentioned that recent data aligns with the ECB’s Inflation target of 2% as projected in September. Escriva highlighted that the ECB’s latest risk assessment included the possibility of Inflation exceeding or falling short of expectations but noted that there are no immediate signals pointing to additional risks that could significantly alter the current Inflation outlook. Regarding future interest rate decisions, Escriva emphasized the importance of assessing data and remaining flexible in approach. He also noted the limited reliability of estimates for the neutral interest rate in guiding monetary policy.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.
