BlockBeats News, April 14th, a survey of institutions showed that due to the U.S. raising tariffs, inflation in the Eurozone will be lower than previously forecasted. This survey supported the European Central Bank's decision to cut interest rates this week. Analysts expect the average consumer price increase in 2026 and 2027 to be 1.9% and 2%, respectively, both of which have been revised down by 0.1 percentage points. They also predict that this year's economic growth rate will be 0.8%, slightly lower than previous expectations, with economic growth momentum picking up thereafter.
In another survey, economists predicted that the European Central Bank will cut interest rates twice in April and June. J.P. Morgan economist Greg Fuzesi said: "Even if the U.S. suspends tariffs, the rate cut in April is still meaningful." He said, "The rate cut in June may also not be very controversial," but the path thereafter will depend on how trade negotiations with the U.S. develop. (FXStreet)
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