TechFlow news, on June 5, according to Jinshi Data, economist David Rea said that given the ongoing uncertainty surrounding tariffs, it would take great courage to declare now that the ECB's monetary easing cycle has ended. The June rate cut has been largely priced in by the market, but without U.S. trade policy developments, this decision would not have been so clear-cut. Inflation in the eurozone remains low, but price pressures have not entirely disappeared from the system, as evidenced by the sharp rise in core inflation in April. Rea stated that under normal circumstances, this would likely lead the ECB's Governing Council to pause its monetary easing. Further rate cuts later this year would send a clear signal that policymakers believe the economy will need additional stimulus to sustain itself.
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