PANews June 5 news, according to Jinshi report, institutional analysis pointed out that the European Central Bank cut interest rates again as expected on Thursday, which may deepen US President Trump's disappointment with Federal Reserve Chairman Powell. Trump said on Wednesday local time that Powell should cut interest rates now and cited the ECB's move as an example. To be fair, the ECB's decision (compared to the Fed) may be clearer, because the impact of macro uncertainty and the impact of Trump's tariffs are more likely to suppress prices in Europe and put pressure on economic growth. Nomura Securities economist Andrzej Szczepaniak believes that by September, the ECB's main interest rate is likely to be further reduced from the current 2% to 1.5%. Later, ECB President Lagarde will hold a press conference. The biggest question is how much more policymakers can reduce borrowing costs-some people believe that interest rates are already low enough not to restrict the economy and oppose further large-scale interest rate cuts.
Agency: The European Central Bank cuts interest rates again as expected, which may deepen Trump's dissatisfaction with Powell
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Author: PA一线
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