ECB Governing Council's Wunsch: very low likelihood of a rate cut of just 25 bps this year
ECB Governing Council member Wunsch said there is no one basic expectation, but expects the possibility of a rate cut of only 25 basis points in 2024 to be very low; does not rule out a rate cut in July, but it is difficult to predict at this time; and the interest rate spread between the ECB and the Federal Reserve may widen.
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
BUZZ - Shares of Australia's SCX.ai surge due to SpaceX partnership
Zcash co-founder releases ZIP proposal to "terminate ZCG funding channel and instead support NSM"
Citadel warns: Tech stock sell-off is just the first warning sign, AI trading offers "almost no room for error"
The sell-off in tech stocks reflects rising doubts about AI profitability, with Citadel stating that there is very little margin for error in AI trading. Grayscale noted that demand is parabolic, and capital expenditure presents a two-sided risk.
Daiwa raises Tesla's target price to $390
Crypto prices
More
