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

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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

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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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