⭕ Fabio Panetta, a member of the European Central Bank's Board, said on Friday that the bank has limited room for further interest rate cuts, noting the need for monetary policy to be flexible and adaptable to economic developments.⁣

⏪ Panetta added, in statements during a press conference, that the European Central Bank is closely monitoring economic data and inflation, and that it should be prepared to adjust its policy as needed to ensure price stability.⁣

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