Goldman Sachs Revises Forecast: No ECB Rate Cut Expected This Year
3 week ago / Read about 0 minute
Author:小编   

Goldman Sachs has updated its economic forecast, now anticipating that the European Central Bank (ECB) will not reduce the deposit rate in 2025. The previous prediction of a 25 basis point cut in September has been rescinded. Instead, Goldman Sachs expects the terminal deposit rate to hold steady at 2% in 2025, a shift from its prior estimate of 1.75%.