According to Jinshi, Nordea said that the ECB may confirm in its interest rate decision that it is moving towards a rate cut in June. Although a rate cut in April is not completely impossible, the ECB is expected to signal a rate cut at the June meeting. ECB President Lagarde may express an open attitude to measures after June. Nordea said it would not completely close the door to a rate cut in April, especially because of the weak inflation data in March, which the ECB had previously surprised.