News Net Nebraska

Complete News World

Per Goldman AL 2,25% fine 2024- Corriere.it

Per Goldman AL 2,25% fine 2024- Corriere.it

The months of cherished money could be numbered. According to the survey he conducted Reuters Of the 90 economists interviewed Dec. 1-6, nearly 57% of economists interviewed — 51 out of 90 — expected to get at least one shot. Reduce rate Ahead of the ECB Governing Council meeting in July. In practice, the European Central Bank intends to cut interest rates as early as the second quarter of next year, earlier than previously expected. In light of recent signals received from members of the Governing Council of the European Central Bank, incl Isabel Schnabel Which seemed to rule out the possibility of new increases given the apparent weakness of inflation, Markets expect cuts of 150 basis points by the end of next year starting in March. Instead, the economists who participated in the survey took a more cautious line in the wake of this slogan B.C.E. That rates will stay higher for longer. For this reason, the first cut is expected to take place in June with further cuts – according to the average forecast – by a quarter of a point in each of the following quarters.

US investment bank Goldman Sachs goes further in its forecast to lower the cost of money – today the reference rate is 4.5% in the euro area. The European Central Bank will cut interest rates by 25 basis points at each meeting starting in April 2024, according to Goldman Sachs. This is what Goldman Sachs experts predicted in a note to clients The deposit rate will fall to 2.25% by the beginning of 2025 from the current 4% (the deposit rate is not the reference rate, edit). “We believe April is the most likely date given our expectations for stronger growth, continued strength in wage growth, and more data confirming that core inflation is slowing.” Goldman Sachs previously expected the ECB to cut interest rates by 25 basis points per quarter.

See also  The Agnelli family is paying nearly a billion dollars to the tax authorities over a dispute over moving to the Netherlands in 2016. But she claims: 'Noe Cortetti'