Pan Sen Macro believes that September seems to be the last chance for the European Central Bank to lower interest rates in the eurozone. The European Central Bank kept its key interest rate at 2.00% at the last meeting held in July, and most investors now expect that the European Central Bank will not cut interest rates next month. Pan Sen Macro believes that this situation may change if consumer price inflation is lower than expected in August. Eurozone CPI data will be released next week. Meanwhile, with the rise in energy and commodity prices, inflation may further soar. With inflation rebounding from September, the window for further easing this year will close.
