Published by Global Banking & Finance Review®
Posted on June 7, 2025
1 min readLast updated: January 23, 2026
Add as preferred source on GoogleECB is nearly done with interest rate cuts if inflation stabilizes at 2%, says Boris Vujcic. Future policy depends on economic data and EU-US trade talks.
DUBROVNIK, Croatia (Reuters) -The European Central Bank is "nearly done" cutting interest rates if inflation settles at 2% as expected, ECB policymaker Boris Vujcic said on Saturday.
The ECB cut interest rates on Thursday for the eighth time in the past year and signalled a policy pause next month since inflation was now safely back at its 2% target after three years of overshooting.
"I would agree we are nearly done and that we are in a good position," Croatia's central bank governor told reporters on the sidelines of a conference.
"If our projections materialise as they are in June I would think this is the right qualification of our monetary policy stance."
He warmed any surprises in growth and inflation data would "affect" the ECB's thinking, as would the hard-to-predict outcome of the European Union's trade negotiations with the United States.
(Reporting By Francesco CanepaEditing by Tomasz Janowski)
Boris Vujcic stated that the European Central Bank is 'nearly done' cutting interest rates if inflation stabilizes at 2% as expected.
The ECB has cut interest rates for the eighth time in the past year, indicating a potential policy pause next month.
Vujcic mentioned that surprises in growth and inflation data, as well as the outcomes of EU trade negotiations with the United States, could affect the ECB's thinking.
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