ECB Rate Cuts Forecasts Changed by Leading Banks

Goldman Sachs and BNP Paribas have revised their forecasts regarding ECB rate cuts for the year of 2025. Both major banks are now indicating that there will be no further rate cuts by the European Central Bank for the remainder of the year. This change in stance comes amidst shifting economic conditions and evolving market dynamics.

Goldman Sachs and BNP Paribas are known for their influential roles in the global financial market, and their updated predictions are likely to have a significant impact on investor sentiment and market expectations. The ECB's monetary policy decisions are closely watched by investors, economists, and policymakers around the world, as they have the potential to influence borrowing costs, inflation rates, and overall economic stability.