According to Jinshi data, European Central Bank council member Rehn refuted investors' belief that another rate cut is unlikely in the coming months, emphasizing that the inflation risks are 'tilted to the downside.' He warned against complacency regarding price stability, despite the annual inflation rate being in line with the European Central Bank's 2% target.
Rehn pointed out that the decline in energy prices, the strengthening of the euro, and the control of service sector inflation are factors contributing to the downward trend in inflation. Although the US trade agreement may reduce uncertainty, the 15% tariff imposed by the US on most European export products could slow down economic growth in the eurozone.