European Central Bank Executive Schnabel: The threshold for further interest rate cuts is very high

According to BlockBeats, on July 11th, ECB Executive Director Schnabel stated that the ECB is currently in a favorable position due to mid-term inflation expectations reaching target levels and a more balanced risk to economic growth prospects. Therefore, the threshold for further interest rate cuts is very high. We plan to gradually reduce our monetary policy bond investment portfolio to zero. (Golden Ten)