According to BlockBeats, on July 24th, the European Central Bank kept its main interest rate unchanged at 2% as scheduled on Thursday, waiting for more clear signals on the direction of the EU US trade relationship. The current inflation has fallen back to the target level of 2%, and interest rates have also been lowered from 4% to 2% since June last year, greatly easing the policy pressure faced by the European Central Bank. The European Central Bank stated that it will continue to adhere to the policy of "successive meetings" and will not preset interest rate paths. All decisions will be based on the latest data.
The statement stated that the latest information is generally consistent with previous judgments on the inflation outlook, with domestic price pressures continuing to ease and wage growth slowing down. The market is still betting on at least one interest rate cut later this year. The market focus has shifted to President Lagarde's upcoming press conference, where she is expected to face intensive questions about whether to continue interest rate cuts in the future, the strength of the euro exchange rate, and the impact of tariffs. (Golden Ten)
