European Central Bank Executive Board Member Schnabel: The Eurozone can continue to cut interest rates but must proceed with caution

European Central Bank Executive Board member Schnabel stated that as inflation approaches 2%, there may be room for the European Central Bank to continue lowering interest rates, but caution is required. She mentioned that while the possibility of rate cuts exists, careful consideration must be given to the extent of the cuts. It is expected that by 2025, the European Central Bank will lower rates by 100 basis points, bringing the deposit rate down to 2%. At the same time, Trump's return to the White House could trigger trade risks, impacting the Eurozone economy and prices. Schnabel emphasized that the current uncertainty is suppressing private consumption and investment