European stocks fell slightly, with uncertain prospects for interest rate cuts

According to Jinshi's report, European stocks fell slightly in the evening Beijing time. Although traders' optimistic sentiment about the prospect of interest rate cuts in 2024 helped ensure post-Christmas returns, uncertainty still exists amid challenging economic prospects.

Holzmann, a member of the European Central Bank's Governing Council, said that it is "not guaranteed" that there will be an interest rate cut in 2024. Meanwhile, Susan Hargreaves, Director of Currency and Market at Haglives, stated that as the overall impact of rising borrowing costs becomes more apparent, the economy may further slow down.