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Institution: The European Central Bank cut interest rates as scheduled to avoid market turmoil, but uncertainty remains in the future.
On March 6, Jin Shi Data News, Seema Shah, an analyst at Xin’an Asset Management, said that in a turbulent and uncertain week, the European Central Bank unsurprisingly chose to cut interest rates by 25 basis points, which was reassuring. However, Shah said that the future path is full of uncertainty. She said that even before the deadline for German fiscal spending, some European Central Bank officials have expressed unwillingness to cut interest rates after this month. “Now, with potential rise already receiving significant, historic fiscal stimulus, the prospect of further easing has diminished.” She said that the prospect of tariffs, coupled with a cooling U.S. economy, will inevitably drag down global rise, offsetting this,“Europe Central Bank is likely to heavily rely on data.”