European Central Bank board member Lane: Due to high uncertainty, the European Central Bank cannot make commitments on the interest rate path.

European Central Bank board member Nedelal Reinegar stated that, given the shadow cast by US trade policy and the situation in the Middle East, the European Central Bank should not commit to a specific interest rate path. Reinegar said on Monday: "Apart from developments in the Middle East, the biggest uncertainty in our future monetary policy process is undoubtedly the unpredictable US trade policy." He noted that not only is it unclear how strong the impact will be, but it is also uncertain whether President Trump's tariff measures will lead to inflation or suppress inflation. Reinegar said: "Therefore, as members of the Governing Council, we continue to maintain flexibility and data-dependent decision-making, which is wise."