欧洲央行管委雷恩：欧洲央行不应排除更大幅度降息的可能性。 ...

Core Viewpoint - Economists suggest that the European Central Bank (ECB) will need to take on the responsibility of boosting economic activity in the Eurozone due to ongoing trade tensions and economic challenges [1] Economic Indicators - The April PMI data indicates a further easing of price pressures, which supported the ECB's recent interest rate cut [1] - The combination of low price pressures and weakened economic activity suggests that the ECB may implement additional rate cuts in the future [1] Trade and Fiscal Policy - If current trade conflicts do not resolve, the ECB will be tasked with addressing economic issues within the Eurozone [1] - Germany's announced fiscal stimulus plan and increased defense spending efforts in Europe are expected to take time before significantly impacting economic activity [1]

欧洲央行行长拉加德表示，评估政策立场与不可观测的中性利率"毫无意义"，尤其是在经济冲击期间。 这一表态进一步增强了市场对欧洲央行进一步降息的预期。 周一（4月21日）亚市盘中，欧元兑美元上行突破了数日以来的交易区间，触及自2022年2月以来的新 高，最新欧元/美元报1.1473，涨幅0.72%。欧洲央行（ECB）在4月17日宣布降息25个基点至2.25%，以 应对贸易紧张局势对经济的冲击。欧洲央行行长拉加德表示，评估政策立场与不可观测的中性利率"毫 无意义"，尤其是在经济冲击期间。这一表态进一步增强了市场对欧洲央行进一步降息的预期。 欧洲央行（ECB）在4月17日宣布降息25个基点至2.25%，以应对贸易紧张局势对经济的冲击。这是本 轮周期内的第七次降息，旨在缓解美国关税对欧元区经济的负面影响。 降息消息公布后，欧元走弱，欧元区国债收益率大幅下降。欧洲央行强调贸易紧张局势带来的"异常不 确定性"，并删除了政策声明中关于利率"限制性"的表述，这通常暗示降息步伐可能放缓，但此次删除 被市场视为央行对经济冲击的应对措施。 根据LSEG数据，交易员预计6月降息的概率从降息决定前的约60%上升至约75%，而ICAP数据 ...

Core Viewpoint - The European Central Bank (ECB) is no longer considering pausing interest rate cuts, as indicated by Carsten Brzeski from ING [1] Group 1: Economic Concerns - U.S. tariffs on European goods and broader protectionist policies under Trump's administration have reignited concerns about economic growth in the Eurozone [1] - The current trade tensions are expected to exert deflationary pressures on the Eurozone due to a stronger euro and falling energy prices [1] Group 2: Investment Outlook - Investment plans in defense and infrastructure appear to provide a more optimistic outlook for the Eurozone economy [1] - Despite the potential for a pause in rate cuts, the ECB is likely to continue with rate reductions in the upcoming meeting [1]

调查显示，受美国加征关税影响，欧元区通胀率将较之前预期放缓，这将给欧洲央行本周降息提供支 撑。分析师预计，欧元区2026年CPI平均涨幅为1.9%，2027年为2%，分别较之前预期下调0.1个百分 点。他们还预计，今年经济将增长0.8%，略低于之前的水平，之后增长势头将会增强。 ...

Core Viewpoint - Analysts at JPMorgan believe that the economic costs from U.S. tariffs will lead the European Central Bank to cut interest rates in the next four meetings [1] Economic Impact - The eurozone's economic growth is expected to be more severely impacted in the short term than previously anticipated [1] - Future growth over the next three quarters is projected to be "very weak" [1]

金十数据4月8日讯，摩根大通分析师表示，随着美国关税造成的经济成本上升，欧洲央行将在未来四次 会议上降息。Greg Fuzesi等分析师在一份研究报告中说，欧元区经济增长在短期内受到的打击将大于此 前的预期，导致未来三个季度的增长"非常疲弱"。他们表示："对欧洲央行而言，重要的是通胀已经回 到目标水平，任何进一步的冲击都将带来通胀低于目标水平的风险。""未来几个月，全球环境将会非常 艰难。"自去年6月份以来，欧洲央行已经六次降息。再降息四次，存款利率就会降至1.5%，摩根大通 甚至认为这一预测的风险倾向于下行。在上月的另一项机构调查中，经济学家预测基准利率只会降至 2%。 小摩：欧洲央行将在未来四次会议上降息 订阅欧洲央行动态 +订阅 ...

摩根大通：预计欧洲央行将在接下来的四次会议中连续降息，最终利率将达到1.5%。 ...