#euro area's near-term #growth prospects are currently weak due to #tariff headwinds. However, economic prospects are expected to improve from 2026 onwards as the region enhances its domestic defence capabilities, chart @GoldmanSachs
and #Germany undergoes a significant #fiscal regime shift. PS: #ECB cut its policy rate for the 6th successive time on April 17, delivering a further 25bps rate cut and taking its benchmark rate to 2.25%,
