The ECB will cut interest rates tomorrow, but it’s not sure what comes next

The ECB is cutting rates tomorrow, full stop. Traders are already treating the decision as done, with a 99% probability priced in for a 25 basis point trim. That drops the deposit facility rate to 2%, exactly half of what it was in mid-2023 when inflation was out of control and the ECB was scrambling. […] source: https://www.cryptopolitan.com/the-ecb-will-cut-interest-rates-tomorrow/