BNP Paribas: European Central Bank expected to raise interest rates by 25 basis points, inflation expectations may rise. According to Golden Jubilee Data on June 11th, the market generally expects the European Central Bank to raise interest rates by 25 basis points tonight. Due to the need for the European Central Bank to balance persistently high inflation with sluggish economic activity, the policy outlook has become increasingly complex. Therefore, the upcoming latest macroeconomic forecast report may become the focus of investors' attention. Alessandro Tentori, Chief Investment Officer of BNP Paribas Europe, said, "We expect the forecast data to be revised." In the March economic forecast report, the European Central Bank predicted a GDP growth rate of 0.9% and inflation expectations of 2.6% for 2026. Although the GDP growth rate is basically consistent with the current market consensus of 0.8%, inflation expectations may be raised, with a market consensus expectation of 2.9%. At present, the basic expectation of BNP Paribas is still that the European Central Bank will raise interest rates twice, each by 25 basis points - in June and September respectively - and then maintain the interest rate unchanged for the remaining time of the forecast period (until the end of 2027). Teng Tori said, "The European Central Bank will continue to formulate policies guided by data and increasingly focus on the secondary effects of wages, core inflation, and broader price formation