Pansen Macro: September May Be the Last Chance for the European Central Bank to Cut Interest Rates

Jinse Finance reported that Pantheon Macroeconomics believes September appears to be the last opportunity for the European Central Bank to lower interest rates in the Eurozone. At its last meeting in July, the European Central Bank kept the key interest rate at 2.00%. Most investors now expect that the ECB will also not cut rates next month. Pantheon Macroeconomics believes that if consumer price inflation in August is lower than expected, this situation may change. The Eurozone CPI data will be released next week. Meanwhile, with rising energy and commodity prices, inflation may surge further. As inflation rebounds starting from September, the window for further easing this year will close. (Golden Ten Data)