ECB’s Wunsch Warns on Rapid Cuts, Undecided on October: L’Echo

European Central Bank Governing Council member Pierre Wunsch cautioned against interest rates being lowered too quickly and said he’s undecided on a widely expected cut this month, according to Belgium’s L’Echo.

Trends in the euro-zone economy and inflation “motivate measured and prudent rate cuts,” the Belgian central-bank head told the newspaper in an interview. “But is there a determining factor that means that we should open the discussion in October? I would really like to see the analysis that the central bank staff makes of it.”