Institution: With economic growth and rising wages, the European Central Bank may stop cutting interest rates this year

ChainCatcher news, analysis institutions believe that the growth momentum of the European economy is expected to rebound, and real wages are actively increasing, which reduces the likelihood of the European Central Bank lowering interest rates in the coming months. The European Central Bank places great importance on wages when deciding the degree and pace of easing policies, emphasizing that wages are a key factor in assessing the inflation outlook. Over the past year, real wages in the eurozone have been increasing. It is expected that the European Central Bank will maintain the main refinancing rate at 4.25% today, and the prospect of cumulative rate cuts of 45 basis points by the end of the year and nearly 100 basis points by June next year is weakening.