According to reports from Jinshi data, sources say that the European Central Bank's decision-making body is increasingly confident about a rate cut in June due to the continued decline in inflation, but it will not be a large cut. Several ECB board members discussed the impact of U.S. tariffs on the eurozone and the global economy at the Spring Meetings of the International Monetary Fund and the World Bank.
The latest economic data from the eurozone reflects a potential deterioration in the economy due to tariffs, but inflation has not yet shown signs of worsening because of tariffs. Sources say that more ECB board members believe that a consecutive eighth 0.25% rate cut on June 4 is the appropriate decision. The ECB will also announce its latest economic forecasts that day.