ECB Hits Pause on Rate Hikes As Inflation Falls, No Further Increases Seen As Needed For Now
- ECB has finished raising interest rates for now, says Governing Council member Vujcic
- Inflation in euro zone is falling and in a disinflation process
- ECB's recent pause in rate hikes indicates another increase not currently needed
- Markets and economists expect rates to stay at current levels into 2024
- Vujcic confident euro zone inflation will hit 2% target by 2025