European Central Bank Governing Council: Supports Gradual 25 Basis Point Rate Cut

BlockBeats News, February 6th, European Central Bank board member Benoît Cœuré stated, "In order to maintain inflation at 2%, we may need to lower the interest rate below the neutral rate. The neutral rate will be below 2%."

"We need to clearly maintain a downward trend in interest rates. I support a gradual 25 basis point rate cut. Faced with potential tariffs, Europe must unite and anticipate the upcoming negotiations." (FXStreet)