According to Jinshi Data, European Central Bank board member Rehn said that the eurozone inflation rate has stabilized at the 2% target, which will help lay the foundation for further interest rate cuts. The direction of monetary policy is clear, and the speed and scale of interest rate cuts will be determined based on data.
Rehn pointed out that trade policy uncertainty puts pressure on the economic outlook and risks are on the downside. Europe needs to be prepared to deal with trade conflicts with the United States. If the United States threatens to increase tariffs, the EU can prepare countermeasures in advance to strengthen its negotiating position.