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💬ECB Holds Off on Rate Cuts, Vasle Says Caution Is Key

📉European Central Bank Governing Council member Bostjan Vasle stated that the ECB shouldn’t rush to cut interest rates or plan future reductions too far in advance. While the direction for policy is set toward easing, he emphasized a cautious approach.

📌Key Points: 
— Vasle insists on a data-driven, step-by-step approach to rate decisions, citing the need to remain responsive to economic data. 
— Even with disinflation underway, Vasle sees risks as balanced, suggesting that cuts should approach the "neutral level" for rates. 
— Meanwhile, other ECB officials are discussing the possibility of a larger rate reduction.

🔍The ECB’s data-dependent approach to policy decisions impacts financial markets and keeps investor expectations on future eurozone rate cuts uncertain.

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