On April 28th, sources said that the European Central Bank decision-makers are increasingly confident that they will cut interest rates in June in response to the continuous decline in inflation, but will not make a significant cut. Last week, a number of European Central Bank governing committees attended the annual spring meetings of the international monetary fund (IMF) and the World Bank, talking about the situation that the euro zone and the global economy may deteriorate due to US tariffs. At the same time, the latest economic data released by the euro zone also reflects the phenomenon. As for inflation, there is no sign of worsening due to tariffs for the time being. According to sources, more European Central Bank governing committees believe that it is more appropriate to make the eighth consecutive 0.25% interest rate cut when the interest rate is discussed on June 4. The European Central Bank will also release the latest economic forecast on the same day. However, ECB officials remain open-minded and will not make a final decision until data is released next month.
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