Crypto News

European Central Bank Set to Lower Policy Rates Soon

Citibank predicts the European Central Bank will cut rates by 25 basis points in October, with more reductions expected in December 2023 and early 2025, reaching 1.5% by September 2025.

Germany's Inflation Eases, But Core and Service Sector Rates Remain Steady

In September, Germany's inflation saw a slowdown overall, yet core inflation and service sector inflation remained unchanged. Despite rising market expectations for an October rate cut, economist F...

ECB Highlights Urgency for Digital Euro as Cash Usage Declines

ECB Executive Board Member Fabio Panetta emphasizes the need for a digital euro amid declining cash usage. With the digital transformation of economies, the ECB aims to ensure monetary sovereignty ...

Traders Raise Expectations for ECB Rate Cut in October

Traders are increasing bets on a forthcoming rate cut by the European Central Bank (ECB), with the likelihood of a 25 basis point cut in October reaching 40%. Explore what this means for the markets.