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Traders expect the European Central Bank to cut interest rates by another 40 basis points this year

2024-06-06 20:26:49

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ChainCatcher news, traders maintain expectations for the European Central Bank to cut interest rates, expecting another 40 basis points cut this year.

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Trader European Central Bank interest rate cut

European Central Bank Interest Rate Cut Event Tracking

European Central Bank Interest Rate Cut Event Tracking

On June 6, the European Central Bank held a monetary policy meeting and decided to cut interest rates by 25 basis points after maintaining high rates for 22 consecutive months. Whether this will trigger a chain reaction, whether the Federal Reserve will follow suit, and the potential impact on the cryptocurrency market are all in question.

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Trader European Central Bank interest rate cut

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