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The European Central Bank is anticipated to lower interest rates once more this week to bolster the eurozone economy, which would be the sixth reduction since June 2023. Analysts from HSBC bank forecast a quarter-point decrease, leading to a benchmark deposit rate of 2.50 percent. Isabel Schnabel indicated that policymakers are approaching a possible halt in rate cuts. Carsten Brzeski cautioned that the bleak economic forecast might compel the ECB to reduce rates more, foreseeing a decline to a minimum of two percent.