欧央行执委:当前利率处于合适水平 通胀风险非常均衡
Zhi Tong Cai Jing·2025-09-24 07:00

Core Viewpoint - The European Central Bank (ECB) officials express confidence that the current deposit facility rate of 2% is appropriate for achieving the inflation target of 2%, despite differing opinions on economic risks and tolerance for short-term inflation below the target [1][2]. Group 1: Economic Resilience and Inflation - ECB Executive Board member Piero Cipollone states that the current interest rates are at a suitable level, with no significant threats to inflation in either direction, and expects economic growth to recover after a slowdown [1] - The eurozone's output continues to grow despite challenges from U.S. tariffs, and policymakers are inclined to maintain borrowing costs at current levels for the time being [1] - The ECB is positioned well with inflation at the target level, and officials plan to reassess the situation at the December meeting with new economic forecasts [1] Group 2: Diverging Opinions Among ECB Officials - ECB Governing Council member Martins Kazaks emphasizes caution, arguing that the ECB should not adjust rates every time inflation deviates from the target, indicating a high threshold for adjustments in October [2] - In contrast, Lithuania's central bank governor Gediminas Simkus advocates for a rate cut from a risk management perspective, suggesting that lowering rates would support the inflation target and the economy [2] - Simkus anticipates that mid-term inflation forecasts will likely fall below the 2% target, influenced by factors such as imports from China and a strengthening euro [2]