European Central Bank Executive Board Member Isabel Schnabel reveals a dovish stance: The reasons for interest rate cuts have further strengthened

European Central Bank Executive Board member Pierre Wunsch stated that the reasons for interest rate cuts have further strengthened, mainly due to factors such as falling energy prices, the appreciation of the euro, and rising real interest rates. He mentioned that the market expects interest rates to be significantly lowered in the coming months, potentially even below 2%. Wunsch also noted that the reduction of the European Central Bank's balance sheet could put pressure on banks' lending capacity, necessitating close attention to its liquidity impact