Golden Finance reported that Benoit Coeuré, a member of the ECB, said that the ECB's rate cut reflects a weakening of inflationary pressures; the ECB has not been very surprised by the rebound in inflation; the German economy is accelerating its recovery; to achieve economic growth, Germany needs to address structural challenges; putting the brakes on debt is of great significance, and the German central bank is a major supporter of this mechanism.

Gold Ten data, May 23 news, Goldman Sachs has updated its outlook on the long-term fiscal prospects of the United States. Goldman Sachs economists Manuel Abecasis and David Mericle stated that in the past five years, the outlook for US fiscal sustainability has become more challenging. In particular, the expected rise in future interest rates has significantly worsened the development trajectory of the debt-to-GDP ratio and the proportion of actual interest payments to GDP. Goldman Sachs' latest forecast shows that by 2034, the US debt cost ratio will steadily rise to 2.3%. Five years ago, the bank's forecast was 1.5%. The current fiscal trajectory may ultimately push the debt-to-GDP ratio to a certain level, and in order to stabilize the debt-to-GDP ratio, fiscal surplus needs to reach a historically rare scale. Although the United States currently has the conditions for fiscal consolidation success, there is almost no political motivation to reduce the deficit.