The European Central Bank is expected to temporarily suspend interest rate cuts and wait for the impact of Trump's tariffs to become clear.

The European Central Bank will announce its monetary policy decision on Thursday, expected to keep interest rates unchanged for the first time in over a year, awaiting clarification on the impact of U.S. President Trump's tariff measures on inflation. According to a survey of economists by the media, all respondents except for two predict that the European Central Bank will maintain the deposit rate at 2%. Most respondents still expect a further 25 basis point rate cut in September, by which time a trade agreement between the EU and the U.S. should have been reached and the latest forecasts for the Eurozone economy will also be released.