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Institution: The European Central Bank may further cut interest rates by 100 basis points in 2025. Des Lawrence, an analyst at State Street Global Investment Management, said that after the European Central Bank cut interest rates by 25 basis points, it may cut interest rates by another 100 basis points in 2025. The senior investment strategist said in a report that the European Central Bank can and should cut interest rates further in the coming quarters. Lawrence said that the recent PMI data shows that the economic slowdown is expanding beyond the troubled manufacturing industry, and the service industry is also under pressure.Germany's current account surplus in October was 12.497 billion euros.After the European Central Bank moderately cut interest rates by 25 basis points, the EUR/GBP remained below 0.8250.

European Central Bank President Lagarde: As we gradually approach the neutral interest rate, we will further discuss its related issues. The neutral interest rate may be slightly higher than before. We will discuss the neutral interest rate in due course.European Central Bank President Lagarde: We must be very cautious. European Central Bank President Lagarde: We must be very cautious because service prices and wages are rising rapidly. Financial difficulties are self-created uncertainties.The European Central Bank cut interest rates for the third time in a row to boost the sluggish economy. The European Central Bank cut interest rates for the third time in a row on Thursday, and hinted that with inflation approaching 2% and the economy in trouble, it will further cut interest rates next year. The deposit rate was lowered by 25 basis points to 3%, which was in line with the expectations of all but one of the analysts surveyed by Bloomberg. This makes the total easing range since June reach 100 basis points. In its statement, the European Central Bank abandoned the wording that the policy would be "fully restrictive for a necessary long time", indicating that its position has changed. "The Management Committee is determined to ensure that the inflation rate is sustainably stabilized at the medium-term target of 2%." The European Central Bank said on Thursday. "The central bank will adopt a method of relying on data and meeting one after another to determine the appropriate monetary policy stance."

Novo Nordisk: After the clinical trial results of kidney therapy were released, European regulators gave Ozempic a positive label evaluation.After the US initial jobless claims and PPI data were released, the decline in US Treasury bonds narrowed.Institutional analysis of the European Central Bank's interest rate resolution: the European Central Bank cut interest rates by 0.25 percentage points, aiming to stabilize the economy that was hit by French debt concerns and trade tariffs that were highly exposed to the threat of US President-elect Trump.