ChainCatcher reports that according to Jinhua Ten, Marco Valli and Daniel Vernazza, Chief Economists at Yu Xin Bank Investment Research Institute, stated in a report that military actions against Iran are expected to last for several weeks, and central banks around the world can temporarily ignore short-term turbulence. They said that under the baseline scenario, the Federal Reserve still expects only one rate cut this year, while the European Central Bank will keep interest rates unchanged until 2027. The two chief economists added that the risks faced by the European Central Bank this year have shifted from additional monetary easing to the possibility of tightening policies earlier.
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