Bank of America: European Central Bank interest rate cuts may continue until 2026

On September 11, the Jinshi data reported that Evelyn Herrmann, a global economist at Bank of America, said that due to inflation continuing to be lower than expected, we expect that the interest rate cut by the European Central Bank may continue until 2026. Bank of America predicts that on Thursday, the European Central Bank will lower the deposit interest rate by 25 basis points under unchanged guidance, and then lower it by another 25 basis points in December and lower it 5 more times in 2025.