Deep tide TechFlow news, on June 5, according to the Golden Ten data, institutional analysis pointed out that the European Central Bank cut interest rates again on Thursday as scheduled, 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, citing the ECB’s move as an example. To be fair, the ECB’s decision (compared to the Fed) is likely to be clearer, as the impact of macro uncertainty and the impact of Trump’s tariffs are more likely to dampen prices in Europe while putting pressure on economic growth. Andrzej Szczepaniak, an economist at Nomura Securities, believes that by September, the ECB’s main interest rate is likely to fall further to 1.5% from the current 2%. With ECB President Christine Lagarde at a press conference later, the big question is how much more policymakers can reduce borrowing costs – some argue that interest rates are already low enough not to limit the economy and oppose further sharp cuts.
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