Institution: ECB cuts interest rates again as scheduled may deepen Trump's dissatisfaction with Powell

According to the Coin World Network, institutional analysis pointed out that the European Central Bank lowered interest rates again on Thursday as scheduled, which may deepen US President Trump's disappointment with Federal Reserve Chairman Powell. Trump said on Wednesday local time that Powell should cut interest rates now and take the European Central Bank's actions as an example. To be fair, the ECB's decision (compared to the Fed) may be clearer, as the impact of macro uncertainty and the impact of Trump's tariffs are more likely to curb prices in Europe while putting pressure on economic growth. Nomura Securities economist Andrzej Szczepaniak believes that by September, the main interest rate of the ECB is likely to drop further from the current 2% to 1.5%. European Central Bank President Lagarde will hold a press conference later, with the biggest question being to what extent policymakers can reduce borrowing costs – some believe that interest rates are already so low that they will not limit the economy and oppose further substantial cuts.