Institution: European Central Bank cuts interest rate again as scheduled or deepens Trump's dissatisfaction with Powell

According to a report by JinShi, institutional analysis suggests that the European Central Bank lowered interest rates again as scheduled on Thursday, which may deepen US President Trump's disappointment with Federal Reserve Chairman Powell. Trump said on Wednesday local time that Powell should now cut interest rates, citing the actions of the European Central Bank as an example. To be fair, the decision of the European Central Bank (compared to the Federal Reserve) may be more explicit, as the impact of macroeconomic uncertainty and Trump's tariffs are more likely to suppress prices in Europe while putting pressure on economic growth. Nomura Securities economist Andrzej Szczepaniak believes that by September, the European Central Bank's main interest rate may further decrease from the current 2% to 1.5%. Later, European Central Bank President Lagarde will hold a press conference, and the biggest question is to what extent policymakers can still reduce borrowing costs - some believe that interest rates are already low enough not to limit the economy and oppose further significant interest rate cuts.