Vassali added in statements on the sidelines of the meetings International Monetary Fund in USTalking about lowering interest rates to levels lower than the inflation target or easing policy to levels that stimulate growth is not justified at the present time.
And lower European Central Bank Interest rates have tripled already this year and investors see a 40 percent chance that its next move in December will be by half a percentage point, double the size of previous cuts.
Those bets were fueled this week when some policymakers claimed that a 50 basis point move could be on the table in December.
Vasly, head of the Central Bank, refused Slovenia This view says that the ECB needs to move step by step given the ongoing uncertainty over… Inflation.
“We should continue to move to the neutral level with deliberate steps,” Vassili told Reuters in an interview on the sidelines of the International Monetary Fund and World Bank meetings in Washington.