① The market generally expects the ECB to raise interest rates by 25 basis points, the second time since this year. ② Market attention has turned to how open officials are to a third rate hike later this year. ③ Lagarde's press conference wording will be a key clue for the market to interpret the policy direction. Analysts believe that Lagarde will reaffirm his position of reliance on data, but will not promise future interest rate paths. ④ The ECB will simultaneously release the latest macroeconomic forecasts. The market expects the economic growth forecast to rise slightly; the inflation forecast may be revised due to energy prices, but the core inflation forecast is not expected to change much. ⑤ Follow the ECB's views on the US-Iran conflict, energy prices, bond yields, etc. Note: At 20:15 Beijing time, the ECB announced the interest rate decision; at 20:45 Beijing time, ECB President Lagarde held a press conference on monetary policy.

① The market generally expects the ECB to raise interest rates by 25 basis points, the second time since this year. ② Market attention has turned to how open officials are to a third rate hike later this year. ③ Lagarde's press conference wording will be a key clue for the market to interpret the policy direction. Analysts believe that Lagarde will reaffirm his position of reliance on data, but will not promise future interest rate paths. ④ The ECB will simultaneously release the latest macroeconomic forecasts. The market expects the economic growth forecast to rise slightly; the inflation forecast may be revised due to energy prices, but the core inflation forecast is not expected to change much. ⑤ Follow the ECB's views on the US-Iran conflict, energy prices, bond yields, etc. Note: At 20:15 Beijing time, the ECB announced the interest rate decision; at 20:45 Beijing time, ECB President Lagarde held a press conference on monetary policy.