Europe’s ECB will cut interest rates below 2% this month

The ECB is set to lower interest rates to 1.75% during its meeting on June 5, addressing economic risks attributed to global trade tensions and inflation.

Pierre Wunsch of the ECB pointed out that the ongoing tariffs by the U.S. Contribute to uncertainty and inflation risks in the Eurozone, influencing the central bank’s decisions.

Martins Kazaks warns of potential further cuts and highlights that any upcoming decisions will depend on economic data, as the ECB appears to approach the end of its rate-cutting cycle.