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Eurozone inflation outlook weakens support for ECB rate cuts
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2025-04-14 16:02 6,095
Golden Finance reported that an agency survey showed that inflation in the euro zone will be lower than previous forecasts as the United States raises tariffs. The survey supports the reasons for the ECB's rate cut this week. Analysts expect average consumer price growth to be 1.9% and 2% in 2026 and 2027, with both forecasts being revised downward by 0.1 percentage point. They also expect economic growth to be 0.8% this year, slightly lower than previous expectations, and economic growth momentum will rebound after that. In another survey, economists predict that the ECB will cut interest rates twice in April and June. "Even if the United States suspends tariffs, the rate cut in April will still make sense." He said, "The rate cut in June may not cause much controversy," but the path to the future depends on how trade negotiations with the United States develop. (Jin Shi)
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