ECB MEMBER: WE MAY NEED TO CUT INTEREST RATES BELOW NEUTRAL LEVEL TO MAINTAIN INFLATION

ECB MEMBER: WE MAY NEED TO CUT INTEREST RATES BELOW NEUTRAL LEVEL TO MAINTAIN INFLATION
ECB MEMBER: WE MAY NEED TO CUT INTEREST RATES BELOW NEUTRAL LEVEL TO MAINTAIN INFLATION

A key member of the European Central Bank (ECB), Mario Centeno, has warned about falling prices in Europe.

He says this could be a problem for the economy.

To fix this, the ECB might have to lower interest rates even more.

The goal is to keep inflation stable over time.

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