DWS economists: The European Central Bank is expected to cut interest rates again in September.

Odaily Odaily News DWS economist Ulrike Kastens said in a report that eurozone inflation data showed that the ECB's 2% inflation target is unlikely to be achieved soon. She said that high wages in the service industry indicate that prices will continue to rise and inflation will continue to fluctuate in the coming months. However, this is unlikely to change the ECB's future monetary policy, especially considering that the weakness of the European economy will exceed the ECB's expectations. She expects the ECB to cut interest rates again in September. As long as it is possible to achieve the inflation target in the medium term, the ECB should continue to be prepared to make further adjustments to its monetary policy. (Jinshi)