欧洲央行维持利率2%不变，拉加德称通胀达预期水平

Core Viewpoint - The European Central Bank (ECB) has decided to maintain interest rates at 2%, indicating a stable economic environment despite some underlying risks [2][15]. Economic Indicators - The Eurozone's Consumer Price Index (CPI) rose by 2.1% year-on-year in August, up from 2.0% in July, aligning with economists' expectations [4]. - The core inflation rate, excluding volatile items like energy and food, remained stable at 2.3% [4]. Inflation Outlook - The ECB's latest forecast predicts a 1.9% inflation rate for the Eurozone in 2027, a decrease from the previous estimate of 2.0% made in June [10]. - The core inflation rate is expected to be 1.8%, both figures falling below the ECB's target of 2% [11]. Economic Risks - The forecasts suggest potential risks for the Eurozone economy in the coming year, with concerns about recession driven by tariff impacts [12][13]. - The economic outlook for major economies like Germany and France indicates possible downturns, with Germany likely facing recession and France dealing with a debt crisis [14]. Monetary Policy Implications - The ECB has largely completed its monetary policy adjustments, and interest rates are expected to remain at the current level for an extended period [15]. - Future interest rate cuts may occur either at the end of this year or more likely in the spring of next year [15].