According to data from Jinshi, European Central Bank Executive Board member Schnabel stated that the European Central Bank should remain cautious with its interest rate actions. She suggested maintaining interest rates at current levels to ensure price stability. The European Central Bank has cut rates seven times, and the market expects another 25 basis point cut in June. Schnabel avoided specific actions, stating that future conditions need to be observed.
The uncertainty of Trump's trade war affects the economic outlook. Schnabel noted that falling energy prices and a slowing global economy are suppressing inflation in the short term, but this may reverse in the medium term. She believes the appreciation of the euro is a signal of confidence in the currency, and Europe should seize the opportunity.