European Central Bank Governing Council member Vujcic: The current round of interest rate cuts is nearing its end.

Jin10 data reported on June 7, the European Central Bank Governing Council member Vujcic stated on Saturday that the ECB's interest rate cut actions are nearing the end. The Croatian central bank governor said: "I agree that the rate cut cycle is approaching its end. If the economic forecast for June is realized, I believe the current monetary policy stance is appropriate." He emphasized that "continuously comparing the latest data with prediction models is crucial," and pointed out that "inflation exceeding expectations or unexpectedly weak GDP growth (and vice versa) will affect our judgment on the appropriate level of interest rates." These remarks intensified discussions about the ECB's subsequent policies. Previously, President Lagarde hinted on Thursday that after eight consecutive rate cuts within a year, bringing the key deposit rate down to 2%, the easing cycle is nearing its end.