European Central Bank executive board member, Nowotny: Interest rates are at a "very good level", the central bank can act flexibly.

According to the Zhitong Finance APP, Joachim Nagel, President of the German Central Bank and member of the European Central Bank's Governing Council, stated that the current borrowing costs in the eurozone are sufficient to address continued trade tensions, allowing the European Central Bank to respond to further shocks when necessary.