He International Monetary Fund (IMF) suggested this Friday that European Central Bank (ECB) must reduce its official interest rate to the last step to 2% This summer, trying Maintain flexible monetary policy And focused on achieving long goals.
In particular, according to the IMF, the ECB would be successful in its struggle for the cessation of inflation. So much so that in the second half of this 2025 he could achieve his goal of stability in the second half of 2025. Christina Lagard make a single and Last decrease in a quarter of the cash priceThus, leaving a stable link to 2%, with the exception of significant violations.
Alfredo Kammer, director of the IMF Department of Europe, emphasized that this adjustment This will be the last necessary measure for the consolidation of progress achieved in disinflationAlthough he warned that the ECB should maintain this level, with the exception of the fact that there are violations of global significance.
“Behind him Great success of the disinflation efforts of the ECBCentral banks must continue to normalize the monetary policy with caution, ”Kammer said at his traditional press conference, on the last day of the meeting that every spring celebrates the IMF in Washington. There he also said that global tension can cause a new increase in price expectations, while the worst economic evolution in Europe will lead to their decrease.
In this sense, in order to wash the current uncertainty, the director of the European Department protects The importance of the old continent “bets on more trade, and not less”Preserving your commercial discovery and expanding your network of free trade agreements. Nevertheless, he warns of the need to carefully monitor the influence of a possible deviation of trade with the arrival of exports from China to high tariffs used by the United States, that the IMF evaluates with an equivalent value of about 0.25% of the EU GDP in the short term.
Since June last year, the ECB has reduced interest rates seven times, Moving from 4% to current 2.25%, With the possibility of a new reduction at the meeting on June 5. However, Lagard, President of the ECBHe indicated that the decision would depend on the data and events that arise before that time.
A Commercial war initiated by the President of the United StatesDonald Trump changed the global and complex landscape forecast for central banks. Bye In Europe, inflation, by the same, is under controlCummer emphasized that commercial tension can lead to the restoration of inflationary expectations, although a possible scenario of a recession in Europe can create downward pressure.
