Goldman Sachs: The European Central Bank's rate hike cycle ends, expected to cut interest rates until early 2025
Goldman Sachs believes that the European Central Bank's rate hike cycle has ended. Before the first rate cut in April, the ECB will keep interest rates unchanged at 4.00%, and then is expected to lower them by 25 basis points each time until the policy rate reaches 2.25% in early 2025. However, there is still significant uncertainty about the timing of the first rate cut, with a risk bias towards June.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vireo Growth completes acquisition of C21 Investments
Everpure Q2 FY27 results beat view as price hikes and enterprise demand lift revenue 38%
Torrent Capital estimates July 31 NAV at $30.6 million, down from $33.1 million at June 30