Institution: The European Central Bank's interest rate cut today is a foregone conclusion, and further interest rate cuts are expected in the future

BlockBeats News: On June 5th, Ronald Temple, Chief Market Strategist at Lazard Asset Management, stated that Eurozone inflation continues to fall, and with European Central Bank officials' consistently dovish rhetoric, a rate cut this Thursday is almost certain. The European Central Bank previously defined the interest rate range of 1.75% -2.25% as the neutral monetary policy level. Any signal of a change in this viewpoint would be surprising. Given the more aggressive trade stance taken by the United States towards the European Union, it is still expected that interest rates will drop to 1.5% by the end of the year According to LSEG data, the money market expects interest rates to be around 1.70% by the end of the year, slightly higher than strategists' predictions. (Golden Ten)