European Central Bank officials: The European Central Bank may no longer need to raise interest rates. On July 2nd, European Central Bank Governing Council member Stunaras stated that with unexpected drops in energy prices and slowing inflation in the eurozone, the central bank may not need to continue tightening policy after raising interest rates in June. The latest data shows that consumer price increases in the eurozone have dropped to 2.8%, lower than expected, which he called a "clear downward surprise". He pointed out that at present, more attention should be paid to how enterprises transmit changes in energy costs and the impact of the artificial intelligence investment boom on the overall price system. I don't think there will be any changes in July unless the situation significantly worsens, "said Stunaras. He tends to believe that policies should remain unchanged for a period of time. Previously, the European Central Bank had raised interest rates to 2.25%. In terms of energy, he mentioned that Gulf central bank officials believe that recent shocks have limited damage to energy infrastructure, and Iran may release more crude oil supplies in the future, which is contrary to the market's previous assessment of energy shortages. He also warned that energy price increases often transmit quickly to end-users, but declines transmit slowly, reflecting insufficient competition in some European markets. In addition, the AI investment boom may also affect the prices of electronic products, especially imported goods from South Korea and Taiwan.