European Central Bank Governing Council member Peter Kazimir said that the ECB said that the ECB said goodbye to this year with a calm attitude, but it is still ready to act at any time if the situation changes. The Slovak official pointed out that although the risks facing the outlook may have narrowed and become balanced, the current situation of meeting inflation standards and steady economic expansion is still “quite fragile.” In a review article published on Monday, he stressed, “We remain flexible and ready to take action if the future situation requires new action. Agility and flexibility are still key.” The ECB kept interest rates unchanged for the fourth consecutive meeting last week, while raising economic growth expectations and predicting that the inflation rate will basically remain at 2% for the next three years. But risks remain — including the impact of trade frictions and the Russian-Ukrainian conflict.

European Central Bank Governing Council member Peter Kazimir said that the ECB said that the ECB said goodbye to this year with a calm attitude, but it is still ready to act at any time if the situation changes. The Slovak official pointed out that although the risks facing the outlook may have narrowed and become balanced, the current situation of meeting inflation standards and steady economic expansion is still “quite fragile.” In a review article published on Monday, he stressed, “We remain flexible and ready to take action if the future situation requires new action. Agility and flexibility are still key.” The ECB kept interest rates unchanged for the fourth consecutive meeting last week, while raising economic growth expectations and predicting that the inflation rate will basically remain at 2% for the next three years. But risks remain — including the impact of trade frictions and the Russian-Ukrainian conflict.