The President of Europe in Europe says that the European Central Bank should only reduce prices again this year

the European Central Bank The head of the International Monetary Fund in Europe said on Wednesday that the interest rate of interest in the percentage this year should be decreased this year despite the broader risks of economic growth.

“We have a very clear recommendation for the European Central Bank,” Alfred Cammer, director of the European Administration at IMF, told CNBC’s Carolin Roth. What we have seen so far is a great success in inflation and monetary policy efforts … so we expect to reach the target of inflation by 2 % in the second half of 2025, “Alfred Cage, Director of the European Administration at IMF, told CNBC’s Carolin Roth.

“Our recommendation is that there is room to reduce 25 basis points, in the summer, and then the European Central Bank must believe that the average policy of 2 % unless the big shocks reaches and there is a need to re -calibrate the monetary policy.”

Cammer’s comments came during an interview on the sidelines of the Spring meetings, the International Monetary Fund Bank.

The European Central Bank has reduced the prices seven times in the quarter -point increases in the last round, starting in June 2024. Most of them The last step was less last weekTaking deposit facilities, its main average, to 2.25 %.

Inflation in the euro area Reading to 2.2 % in March.

European Central Bank President Christine Lagarde CNBC said In an interview on Tuesday The inflation process in the euro area was “about to end”, although emphasizing that the risks remained – especially given the unconfirmed scene in it US tariff waving on the horizon – And that the central bank will “rely on data to the maximum” to move forward.

Cambc told CNBC that the International Monetary Fund had made “Discount meaning” In growth views of many advanced economies.

For the euro area, Cammer said that customs tariffs and commercial tensions are more than expectations than to be compensated through recent developments on the financial side, including expectations for More spending on defense and infrastructure in Germany To enhance growth in the mass.