PANews reported on September 16 that according to Jinshi, strategists from Barclays and Danske Bank said that the ECB may cut interest rates more slowly than the market expects. Strategists said that the ECB may cut interest rates on a quarterly basis instead of cutting interest rates at every meeting from December to June. Danske Bank said that the ECB will target sticky inflation, while Barclays believes that the ECB may choose a lower final interest rate to achieve it through a more stable period of easing. "The market may once again consider more seriously the possibility that the ECB will only choose quarterly interest rate cuts next year," wrote Rohan Khanna, head of euro interest rate strategy at Barclays. Piet Christiansen, chief strategist at Danske Bank, pointed out that high wages have led to increased domestic inflationary pressures, which is the reason why policymakers only cut interest rates once a quarter. The bank expects the ECB to cut interest rates by 25 basis points every quarter until September next year.