Analysis: European Central Bank President Lagarde is expected to tread carefully, presenting the tightening policy as "slightly loose with interest rate hikes".

Mabrouk Chetouane, the head of investment management at the French international trade bank, said in a report that despite the market fully digesting the European Central Bank's interest rate hike this week, President Lagarde still walks on thin ice at the press conference, presenting this monetary tightening as a "cautious rate hike". The global market strategist said, "In fact, the lack of clear signals indicating that the continuously rising energy prices are affecting the real economy, combined with the weakness of the European economic cycle, all support taking a less 'hawkish' strategy in response to inflation." However, he stated that in order to remain faithful to its mission and principles of anchoring market expectations, the ECB Governing Council will raise interest rates to establish its credibility and demonstrate its responsiveness.