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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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The European Central Bank will become cautious as it moves towards easing interest rates
On March 7th, Jinshi data, Henry Cook, a European economist at Mitsubishi UFJ, said that after a huge change in German fiscal policy, the European Central Bank may be more cautious in pushing the Interest Rate into a looser range. The Interest Rate is now close to the highest estimate of neutrality, possibly around 2%. The development of the situation in Germany this week will certainly strengthen the hawks' resistance to the Interest Rate falling below this level.