The European Central Bank will become cautious as it moves towards easing interest rates

On March 7th, Jinshi data, Henry Cook, a European economist at Mitsubishi UFJ, said that after a huge change in German fiscal policy, the European Central Bank may be more cautious in pushing the Interest Rate into a looser range. The Interest Rate is now close to the highest estimate of neutrality, possibly around 2%. The development of the situation in Germany this week will certainly strengthen the hawks' resistance to the Interest Rate falling below this level.