Analyste : La situation deviendra claire d'ici septembre, ce qui donnera confiance à la Banque centrale européenne pour réduire les taux d'intérêt.

Kyle Chapman, analyst on the forex market at Banque centrale Europe, said that the pause in interest rate cuts itself is not surprising as the market has already been largely priced in. The data during the two meetings does not support further rate cuts at this stage, and the new momentum in services inflation is a good reason to remain cautious. This statement has undergone a dramatic change compared to the heavy signals sent out before June, and the current central theme is no commitment. By September, the situation will become clear and a series of new forecasts will give policy makers enough confidence to cut rates again.