Rene: It is reasonable to continue cutting interest rates in the current context. The scale and speed depend on the data.

Odaily Planet Daily News. European Central Bank board member Lane said that regardless of what measures the Federal Reserve takes, the European Central Bank should continue to drop borrowing costs. He said, 'Continuing to lower interest rates is reasonable in the context of inflation returning to a downward trend and the weakening prospects of a rise. The direction of the interest rate is clear, and the scale and speed of the interest rate cut depend on the data to be released soon.' Lane said that the European Central Bank 'is not the 13th regional bank of the Federal Reserve System. We make decisions based on our own mission, which is to maintain price stability in the euro area.' Economists and investors expect the European Central Bank to cut interest rates again in less than three weeks, and economists predict three more rate cuts after that. Meanwhile, the Federal Reserve is slowing down the pace of interest rate cuts. (Jinshi)