Matthew Ryan, head of market strategy at Ebury, said in a report that there is almost no doubt that the ECB will cut interest rates on Thursday. Eurozone inflation recorded 1.7% per annum in September, according to data released on Thursday. This means that the ECB may cut interest rates for the third time this year and look forward to the future. Although we think ECB President Lagarde will not provide any clear forward-looking guidance, it may take a moderate attitude towards inflation risks and prepare for further interest rate cuts in December.

Matthew Ryan, head of market strategy at Ebury, said in a report that there is almost no doubt that the ECB will cut interest rates on Thursday. Eurozone inflation recorded 1.7% per annum in September, according to data released on Thursday. This means that the ECB may cut interest rates for the third time this year and look forward to the future. Although we think ECB President Lagarde will not provide any clear forward-looking guidance, it may take a moderate attitude towards inflation risks and prepare for further interest rate cuts in December.