© Reuters. FILE PHOTO: Bank of Spain Governor Pablo Hernandez de Cos, speaks during the HKMA-BIS High-Level Conference in Hong Kong, China November 28, 2023. REUTERS/Tyrone Siu/File Photo
NICOSIA (Reuters) – The European Central Bank is confident that inflation is coming back to its 2% target and that its next move will be , policymaker Pablo Hernandez de Cos said on Tuesday.
“It is already very important for European citizens to know that we are confident the next move will be a cut,” the Spanish central bank governor told an event in Cyprus. “I think it’s also wise not to be precise (on the timing).”
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