Institution: Uncertainty over tariffs may prompt the European Central Bank to cut interest rates more than once

ChainCatcher news, according to Jinshi reports, Gabriele Foa, an analyst at Algebris Investments, stated in a report that due to the uncertainty of tariffs, the European Central Bank's rate cuts may exceed current market expectations. The portfolio manager said, "Trade tensions and tariff developments may lead to the end of the cutting cycle being slightly lower than current market expectations."

LSEG data shows that the money market currently expects the European Central Bank to cut rates by another 25 basis points in December. Foa stated that the spillover effects of tariffs on Europe may take longer to manifest.