Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Analyst: ECB resolution in line with expectations, 50 bps rate cut possible in December

Analyst: ECB resolution in line with expectations, 50 bps rate cut possible in December

Bitget2024/10/17 12:27

Analysts say there are no surprises in this ECB rate resolution. If inflation and PMI data for October and November continue to surprise to the downside, a 50 basis point rate cut at the next meeting in December is possible. Given that this and more rate cuts (five by the end of next year) have already been digested by European equities, the current earnings season is more likely to dominate market action.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!