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2025-07-28 23:18:31
[Barclays analysts: Tariffs may cause the euro to depreciate against the dollar] Barclays analysts pointed out in a report that US tariffs may push up US inflation and suppress eurozone inflation, causing the euro to depreciate against the dollar. They said that the inflation outlook increases the possibility that the European Central Bank will cut interest rates by more than currently expected, while the Federal Reserve may remain on the sidelines. Barclays said: "The interest rate gap has widened and the value of the euro as a universal currency has become expensive." (Dow Jones)
