Goldman Sachs now also sees the ECB delivering another rate cut in July ...Middle East

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Goldman Sachs now also sees the ECB delivering another rate cut in July

They're now expecting another 25 bps rate cut before the summer break kicks in, following the latest developments. Last week, we did get softer inflation readings from France and Spain. That's helping with the narrative alongside likely a softer growth outlook amid Trump's tariffs coming up later this week.

Goldman also revised their forecast for the Fed earlier here.

    This article was written by Justin Low at www.forexlive.com.

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