欧洲央行管委纳格尔：利率处于“非常好的水平”，央行可以灵活行动

Core Viewpoint - The current borrowing costs in the Eurozone are deemed sufficient to handle ongoing trade tensions, allowing the European Central Bank (ECB) to respond flexibly to any further shocks [1][2] Group 1: ECB's Monetary Policy - ECB President Joachim Nagel stated that key interest rates are at an ideal level, enabling observation of economic developments and flexible responses if necessary [1] - The consumer price index has stabilized at a year-on-year increase of 2% over the past two months, allowing inflation to be removed from the list of major challenges [1] - Market expectations have been reinforced regarding the ECB's limited willingness to lower rates again after eight consecutive 25 basis point cuts and maintaining rates at 2% in July [1] Group 2: Perspectives from Other Central Bank Leaders - Cyprus Central Bank Governor Christodoulos Christodoulou cautioned against interpreting last month's rate decision as a pause before further actions, deeming it premature [1] - Slovakia's central bank governor Peter Kazimir argued that the ECB should not lower rates again unless there is evidence of severe economic deterioration [1] - Latvia's Martins Kazaks emphasized the value of maintaining current interest rates, allowing the ECB time to assess the impact of recent EU-US trade agreements [1] Group 3: Trade Tensions and Tariffs - Nagel warned that the newly imposed tariffs by the US could cause damage, with many details still needing clarification [2] - He highlighted that the US tariff levels have significantly increased compared to before, and there is a risk of changing rules from the US government [2]