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Institutions: Concerns about the rise of the economy have become the focus, and the European Central Bank will continue to cut interest rates
On March 6th, Joe Nellis, an economic advisor at MHA, stated that the European Central Bank seems to be very attentive to the risks facing the rising economy and will further reduce the Interest Rate. On Thursday, as widely expected by the market, the European Central Bank once again cut the Benchmark Interest Rate by 25 basis points to 2.5%. However, Nellis pointed out that due to the need for the European Central Bank to balance ongoing inflation risks and the struggling economy, the future policy path remains uncertain. The economic rise may still be the focus, and the impending imposition of import tariffs by the United States has exacerbated the weakness of the eurozone economy. As concerns shift from inflation to the need for economic stimulus, the European Central Bank will continue to lower interest rates this year.