According to a report by Jin Ten Data, Omnis Investments analyst Patrick O' Donnell believes that the rebound in inflation in the Eurozone may prompt the European Central Bank to proceed cautiously. The inflation rate in November rose to 2.3%, exceeding the European Central Bank's target of 2%.
Donnell stated that although central bank policymakers are concerned about the economic slowdown, they may not choose to cut interest rates by 50 basis points at next month's meeting, but instead opt for a 25 basis point cut. They may wait for the next round of survey data and the impact of U.S. government policies.
