Institutions: The European Central Bank may cut the Interest Rate to 2% by the end of 2025

On March 6th, Jinshi Data, Nicolas Sopel, Chief Strategist of Quintet Private Bank, said that by the end of 2025, the European Central Bank may cut the Intrerest Rate to 2.0%, as the euro area's inflation rate is expected to stabilize near the 2% target. He said that the market is optimistic about the improvement of the German economy, but this will take time to digest. 'Any fiscal stimulus measures must first be approved by the German parliament and will take time to have an impact on the economy,' Sopel said.