Odaily Planet Daily reported that a survey shows that European Central Bank officials will wait until December to implement the next interest rate cut, which is likely to be the final step in this round of rate cuts. Compared with the July survey, economists have postponed their expectations for the next rate cut by three months. They believe that the deposit rate will then fall to 1.75% and remain at that level for 9 to 10 months, after which the ECB will be forced to reverse its policy direction as demand recovers. Waiting until the final resolution in 2025 will give ECB policymakers more time to assess the impact of the trade turmoil triggered by US President Trump. By December, policymakers will have data on economic performance in the third quarter, which will provide a clearer picture of the economy's potential momentum after the distortions caused by businesses acting ahead of US tariffs at the beginning of the year have subsided. The new forecast report will also provide their first glimpse into growth and inflation trends through 2028. (Jinshi)