European Central Bank's rate cuts may be coming to an end, officials call for "wait-and-see approach" to deal with uncertainty.
According to the Wise Finance APP, the European Central Bank announced its eighth interest rate cut in the current cycle last week, and it is expected to maintain interest rates at the next meeting in July. It was revealed by sources that some policymakers even stated that the interest rate cuts may have come to an end. European Central Bank officials emphasized the flexibility of data dependency and indicated that the European Central Bank is shifting towards a cautious stance, with a high probability that interest rates will remain unchanged at the July meeting.
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