The European Central Bank's interest rate cuts may be nearing an end, with officials calling for a "wait-and-see mode" to address uncertainties

The European Central Bank announced at its recent meeting that it will maintain interest rates unchanged, expecting the rate-cutting cycle to be nearing its end. Officials called for a wait-and-see approach to address economic uncertainty, emphasizing the flexibility of data dependence. Lithuania's central bank governor Simkus pointed out that the current economic situation is complex and that decision-making flexibility must be maintained, with the possibility of another rate cut to address inflation risks. The governor of the French central bank, Villeroy, also stated that future interest rate changes will depend on inflation data