Gate.io, July 23, The European Central Bank Deputy Governor, Kins, said in an interview with the European News Agency that the bank will wait for more detailed data before cutting interest rates. Earlier this month, the European Central Bank maintained the benchmark interest rate unchanged at the last meeting. 'We decided to keep interest rates unchanged because we will obtain more information in September, especially new macroeconomic forecasts, so we will be able to better reassess our monetary policy stance,' said Kins. He added that although the euro area inflation rate is close to the European Central Bank's target of 2%, there is still a lot of uncertainty at present. Wage data and new employee forecasts are crucial for judging whether inflation is moving closer to the target. 'From a data perspective, September is more conducive to making decisions than July,' said Kins.
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Avrupa Merkez Bankası Başkan Yardımcısı Guindos: Avrupa Merkez Bankası'nın Eylül ayında faiz indirimi konusunda daha fazla güveni olabilir
Gate.io, July 23, The European Central Bank Deputy Governor, Kins, said in an interview with the European News Agency that the bank will wait for more detailed data before cutting interest rates. Earlier this month, the European Central Bank maintained the benchmark interest rate unchanged at the last meeting. 'We decided to keep interest rates unchanged because we will obtain more information in September, especially new macroeconomic forecasts, so we will be able to better reassess our monetary policy stance,' said Kins. He added that although the euro area inflation rate is close to the European Central Bank's target of 2%, there is still a lot of uncertainty at present. Wage data and new employee forecasts are crucial for judging whether inflation is moving closer to the target. 'From a data perspective, September is more conducive to making decisions than July,' said Kins.