Bank of America: No longer expects the European Central Bank to cut interest rates in July, maintains the forecast of a 25 basis point cut in September and December.

Gate News bot message, U.S. Bank states that it predicts the European Central Bank deposit interest rate terminal level will reach 1.50%, higher than the previous expectation of 1.25%. It no longer expects the European Central Bank to cut interest rates in July, maintaining the forecast of a 25 basis point cut in both September and December.

Source: Jin Shi

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