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Fitch: Eurozone economy weak, European Central Bank will further cut interest rates
On March 6, Jinshi Data News, Fitch Ratings analyst Charles Seville said that as tariff threats intensify, the Eurozone economy has fallen into trouble, and the Central Bank of Europe will continue to cut interest rates this year. Given the economic weakness and inflation slowdown faced by the policymakers of the Central Bank of Europe, today’s move to lower the key Interest Rate is not surprising. Although demand may be boosted by increased defense spending in Germany, a sluggish economy and the threat of US tariffs will prompt the Central Bank of Europe to further cut interest rates in 2025.