The interest rate path of the European Central Bank is still unclear, the last rate cut may be postponed until December.

According to the Wisdom Financial APP, a survey of economists showed that the European Central Bank may delay its final interest rate cut until December, rather than letting investors believe that the easing cycle has ended. The survey shows that most respondents still expect the European Central Bank to stay put at next week's policy meeting, then make one final 25-basis-point rate cut in September, lowering the deposit facility rate to 1.75%. At the same time, half of the respondents expect the European Central Bank to keep rates unchanged for three consecutive meetings (July, August, September) to avoid market speculation that rates have hit bottom, a longer period than before mainly due to trade uncertainties.