According to Jinshi, ECB Chief Economist Lane has sent a clear signal that interest rate cuts will begin next week. In an interview, Lane said that the current situation is enough to remove the highest level of restrictions, and the ECB needs to keep interest rates in a restrictive zone this year to ensure that inflation continues to slow. Some analysts warned that if the ECB deviates from the Fed's approach and cuts interest rates more aggressively, it could lead to a depreciation of the euro and push up inflation. Lane said the ECB would consider any "significant" exchange rate changes, but he pointed out that there was "little movement" in this regard.
