ECB official: December rate cut very likely
On 18 October, sources said ECB officials expect inflation to reach 2% in the first or second quarter of next year, and believe a rate cut in December is very likely. Officials did not discuss the option of cutting rates by 50 basis points 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
Overview of Key Overnight Developments on December 12
US SEC allows DTCC to custody and recognize tokenized stocks and other RWA assets on the blockchain
The US SEC approves DTCC's plan to tokenize stocks, bonds, and treasuries
The US FSOC annual report removes the cryptocurrency risk warning.