Institutions: The European Central Bank is expected to cut interest rates again today and open the door to further easing policies.

On January 30, Jinshi Data reported that the European Central Bank is almost certain to cut interest rates on Thursday and may continue to open the door to further easing policy, as concerns about the weakness of the economy have replaced concerns about persistent inflation. The European Central Bank cut borrowing costs four times last year and is expected to cut interest rates three to four times by 2025 because some believe that the most severe inflation surge in generations is coming to an end and the economy needs relief. With the euro area experiencing industrial recession and weak consumption, the reasons for the rate cut are so clear that all 26 policymakers at the European Central Bank have not publicly opposed it. This may mean unanimous agreement to cut the 3% deposit interest rate by 25 basis points. Although European Central Bank President Lagarde is unlikely to explicitly commit to further rate cuts, it is expected that she will reiterate her long-standing guidance that the policy direction is clear and that the risk of further weakening of the weak economic rise due to the outbreak of a trade war with the United States.