Ignoring the European Central Bank's cautious tone, the market expects another interest rate cut this year
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Economists expect the European Central Bank to cut interest rates again this year, although policymakers have indicated they are not in a hurry to further ease policies. A Bloomberg survey shows that analysts predict a 25 basis point reduction in the deposit rate to 1.75% in September. European Central Bank President Christine Lagarde stated that the central bank is capable of responding to an uncertain environment. Despite inflation being close to target levels, some officials believe that the rate cuts are nearing their end. Inflation is expected to be 1.9% in 2026, with slightly downgraded economic growth expectations
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