ECB Governing Council Member: Expected to cut interest rates twice this year, supporting the ECB's rate cut next week

2024-05-28 20:32:43

ChainCatcher news, according to Jinshi reports, ECB board member Holzmann stated that two rate cuts are expected in 2024, with a maximum of three. This will support the ECB's rate cut next week.

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European Central Bank interest rate cut

European Central Bank Interest Rate Cut Event Tracking

Column 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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