ING: The current reasons for the European Central Bank to remain on hold are quite sufficient.

Jin10 data reported on September 2, economists at ING Groep Bert Colijn stated in a report that the inflation rate in the Eurozone has slightly risen to just above the European Central Bank's target level of 2%. Although the future outlook faces many risks, this data confirms that the current inflation environment is generally stabilizing. Given that interest rates are already at a neutral level, choosing to pause rate cuts at this time is a logical decision. However, considering the sluggish economic growth, ongoing uncertainty in the future economy, and the market's general expectation that the Fed will cut interest rates again, some European Central Bank policymakers may still push for another rate cut. But this possibility is low, as there are already sufficient reasons to maintain interest rates at their current level.