European Central Bank Governing Council member Knot: The market has anticipated the interest rate cut path in advance, and we need to see if it is overly optimistic

ChainCatcher news, according to Jinshi reports, ECB Governing Council member Knot stated that the market has anticipated the interest rate cut path in advance. We need to observe in December whether this is overly optimistic. If there are upward inflation risks, policy tightening may be slower. We must keep all options regarding interest rates open and make decisions in a gradual meeting approach to retain flexibility in interest rate choices. Although the current economic situation in the Eurozone is not very good, it is not as bad as people say. It is expected that the Eurozone will achieve a soft landing and a recession is not anticipated.