ECB's Radev says current level of interest rates are appropriate and price risks are balanced

ECB's Radev says current level of interest rates are appropriate and price risks are balanced.

ECB's Radev indicating that current interest rates are appropriate suggests a stable policy stance, which may align with market expectations. His comment about balanced price risks implies that the ECB does not foresee immediate inflationary pressures or the need for aggressive rate hikes, helping to sustain risk sentiment in both fixed income and equity markets.