According to Gate.io data, the European Central Bank may allow the euro to depreciate on Thursday as the first interest rate cut will lead the region on a different policy path from the US. ECB policymakers, who indicated that the interest rate cut at this month's meeting is almost certain, emphasized their willingness to move apart from the Fed. However, officials' tolerance in the debate on further easing of monetary policy may be crucial, especially after recent reports showed that consumer price pressure continues. Currently, some institutions predict that the European Central Bank will cut interest rates by 25 basis points in June, and after taking a break in July, they expect the same rate of interest rate cut in September, October, and December.

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