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2025-07-29 17:05:34
【Wall Street giants "quietly" raised: Eurozone growth expectations go against the trend, what does it imply? 】 ⑴ On the afternoon of July 29th Beijing time, Goldman Sachs raised its economic growth forecast for the eurozone, following the conclusion of the US-EU trade agreement. ⑵ For 2025, Goldman Sachs now expects eurozone economic growth to reach 1.1%, higher than the previous forecast of 1%. ⑶ The growth forecast for 2026 was also raised from the previous 1.1% to 1.2%, showing that it is more optimistic about the future prospects of the eurozone. ⑷ It is worth noting that Goldman Sachs also lowered its expectations for the negative impact of Trump's tariff remarks on eurozone economic growth, predicting that it will only reduce growth by 0.4% by the end of next year, lower than the previous forecast of 0.6%. ⑸ The main reason for this adjustment is that the 15% base tariff rate set for EU goods is lower than the initial expectations of Goldman Sachs economists. ⑹ In addition, the eurozone economy has shown unexpected resilience in the face of trade tensions, further supporting this optimistic judgment. ⑺ This data revision may reveal the market’s reassessment of the impact of the trade conflict and its confidence in the eurozone economy’s ability to adapt.
