ECB Deputy President Luis de Guindos said there would be no commitment to further action in the future after the planned interest rate cut in June.
The Spanish official said at an event in Madrid: "sorryrouletteOur decision in June has been very, very clear and transparent." "After that, we will rely on data and we don't want to commit to any path."
The debate within the European Central Bank is heating up over the speed of policy relaxation after its first interest rate cut in June. As the economy experienced a mild recession in the second half of last year, some wanted to help boost the recovery, while others were worried about uncertainty, especially wage trends.
Guindos 'comments followed similar comments by ECB Governing Council member and Bundesbank President Joachim Nagel, who said last month that a June decision to cut interest rates would not necessarily trigger a series of rate cuts.