Odaily星球日报讯 欧元区利率制定者敦促经济学家不要再盯着所谓的中性利率，他们警告称，在一个日益受到疲弱增长和全球不确定性影响的地区，这一指标“不能很好地指引”借贷成本的走势。欧洲央行首席经济学家连恩表示，欧洲央行应随时准备将借贷成本降至中性水平以下，以提振经济增长。他表示：“我们不应该因为一个理论概念而限制我们的行动自由”，并补充称，欧洲央行应该对利率的最终水平保持“开放的心态”。（金十）

Odaily星球日报讯 欧元区利率制定者敦促经济学家不要再盯着所谓的中性利率，他们警告称，在一个日益受到疲弱增长和全球不确定性影响的地区，这一指标“不能很好地指引”借贷成本的走势。欧洲央行首席经济学家连恩表示，欧洲央行应随时准备将借贷成本降至中性水平以下，以提振经济增长。他表示：“我们不应该因为一个理论概念而限制我们的行动自由”，并补充称，欧洲央行应该对利率的最终水平保持“开放的心态”。（金十）

欧洲央行官员：应随时准备降息至中性水平以下

Odaily reports that policymakers in the Eurozone have urged economists to stop focusing on the so-called neutral interest rate, warning that in a region increasingly affected by weak growth and global uncertainty, this indicator "cannot guide" the trajectory of borrowing costs very well. The chief economist of the European Central Bank, Lane, said that the ECB should be ready to lower borrowing costs below the neutral level to boost economic growth. He stated: "We should not limit our freedom of action because of a theoretical concept," and added that the ECB should keep an "open mind" about the ultimate level of interest rates. (Jinshi)

Odaily reports that policymakers in the Eurozone have urged economists to stop focusing on the so-called neutral interest rate, warning that in a region increasingly affected by weak growth and global uncertainty, this indicator "cannot guide" the trajectory of borrowing costs very well. The chief economist of the European Central Bank, Lane, said that the ECB should be ready to lower borrowing costs below the neutral level to boost economic growth. He stated: "We should not limit our freedom of action because of a theoretical concept," and added that the ECB should keep an "open mind" about the ultimate level of interest rates. (JinShi)

ECB official: Should be ready to cut interest rates below neutral level

Odaily Odaily News reports that Bank of Japan Policy Board member Naoki Tamura: The Bank of Japan must raise interest rates to a level that is nominally considered neutral, which would require at least around 1%. An interest rate of 0.75% is still effectively a negative interest rate. The Bank of Japan must raise interest rates to around 1% at least in the second half of fiscal year 2025. (<金十>)

Bank of Japan board member: interest rates must be raised to a level that is considered neutral in nominal terms, at least around 1%

Odaily Odaily News reports that Federal Reserve Governor Jefferson said that there is no need to rush to further cut interest rates, and the strong economy makes it appropriate to respond cautiously. Inflation is expected to continue to decline, but the process may be relatively slow. Interest rates may decline in the medium term. The Federal Reserve faces uncertainty about government policies, and economic growth and labor market conditions are expected to remain robust. (<金十>)

Fed's Jefferson: No need to rush to cut rates further, strong economy makes cautious response appropriate

Odaily reports that the Bank of England will announce its interest rate decision tonight, and most experts predict a 25-basis-point rate cut to 4.5%, continuing a series of rate cuts that began last summer. Hymans Robertson analyst Chris Arcari said that when the Bank of England cuts rates further later this year, it will have to "walk a tightrope." He said that while the current economy leaves room for a "moderate rate cut," the Bank of England may take a cautious stance on the future. The rise in cost inflation is partly related to the impact of the policies announced in the October budget. UK Chancellor Rishi Sunak raised national insurance contributions for businesses last October. This was aimed at spending more government funds on public services, but some companies complained that this pushed up costs and exacerbated inflation. Ebury analyst Matthew Ryan added that with economic growth stagnant but inflation rising, the Bank of England "will have to make a judgment on which risk is likely to dominate this year."