Core Viewpoint - The European Central Bank (ECB) is in a favorable position due to mid-term inflation expectations reaching target levels and a more balanced economic growth outlook, making the threshold for further interest rate cuts very high [1] Group 1 - ECB Executive Board member Schnabel indicated that the current economic conditions do not warrant further rate cuts [1] - The ECB plans to gradually reduce its monetary policy bond investment portfolio to zero [1]

Group 1 - The core viewpoint is that the Bank of England's monetary policy committee member, Mr. Green, expresses slight concern over the rising medium-term inflation expectations [1] Group 2 - The statement indicates a shift in sentiment regarding inflation, suggesting that the committee is closely monitoring economic indicators [1] - The concern over inflation expectations may influence future monetary policy decisions by the Bank of England [1]