According to a report by Jinshi Data, the Oxford Economic Institute states that with inflation stabilizing at the European Central Bank's target level, the ECB may not cut interest rates in September. The inflation rate remained stable at 2.0% in July, which may prevent the ECB's Governing Council from lowering borrowing costs again. Although inflation is expected to ease in the coming months, the progress is not sufficient to prompt the Council to agree to another rate cut.