Institution: Tariff uncertainty may prompt the European Central Bank to cut interest rates more than once

Odaily Planet Daily News: Gabriele Foa, an analyst at Algebraic Investments, stated in a report that due to the uncertainty of tariffs, the European Central Bank's interest rate cuts may exceed current market expectations. The portfolio manager said, "Trade tensions and tariff developments may make the end of the cutting cycle slightly lower than current market expectations." LSEG data shows that the money market currently expects the European Central Bank to cut interest rates by another 25 basis points in December. Foa stated that the spillover effects of tariffs on Europe may take longer to manifest. (Golden Ten)