TechFlow News, March 31: According to JINSHI Data, Claus Vistesen of Pantheon Macroeconomics stated in a report that the European Central Bank (ECB) may raise interest rates over the coming months. Overall eurozone inflation rose to 2.5% in March and is expected to rise further in the near term, stabilizing at 2.5%–3.0% this year and next. Pantheon Macroeconomics forecasts that the ECB will raise rates by 25 basis points each in June and July. Nevertheless, given weak economic performance, rate cuts remain on the policy menu. “We expect the ECB to fine-tune its policy rate near the upper end of the neutral range—approximately 2.5%—to balance upside risks to inflation against the risk of economic recession.”
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