Traders expect a 20 per cent chance that the ECB will cut rates by 50 basis points in December
Traders expect a 20 per cent chance of a 50 basis point rate cut by the European Central Bank in December. ECB officials, who expect inflation to reach 2 per cent in the first or second quarter of next year, are said to see a very high likelihood of a rate cut in December. Officials did not discuss the option of a 50 basis point rate cut this week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
YGG price reached $0.4739 per coin, down -3.03% during the day
BIGTIME price reaches $0.12139 per coin, down -3.55% on the day
WLD price reached $2.214 per coin, down -3.61% during the day