Europe is going to cut interest rates, and it depends on the United States.

ECB Governing Council member Stournaras: Two more rate cuts this year seem reasonable

ECB Governing Council member Stournaras said that two more rate cuts this year seem reasonable; recent data strengthens the case for further rate cuts; even if two more rate cuts are made, the central bank's interest rate is still at a restrictive level; service inflation should not be over-interpreted.