ECB Management Committee: ECB interest rate cycle is coming to an end

According to BlockBeats, on September 14, the new Austrian central bank president and European Central Bank management committee Martin Kocher said in an interview that if there is no major impact, the European Central Bank can temporarily maintain interest rates at 2%. "At present, this interest rate cycle has ended, or is very close to end," Kocher said. On Thursday, the European Central Bank decided to keep interest rates unchanged at 2% for the second consecutive meeting. "If there is no significant change in the data," Kocher said, "the reason for this month's decision will be "continued to be established in the next few ECB meetings." When asked about his personal position, Kocher said he currently "inclined to be cautious in monetary policy" and advised not to take too much risk on inflation. (Jin Shi)