#ECBOfficialsNotRulingOutRateHike
Hey folks, just wanted to let you know that the European Central Bank dropped the news yesterday that they're cranking up interest rates by a quarter point, bringing them to 2.25%. Meanwhile, the ongoing conflict with Iran is still throwing inflation off its target.
According to data from LSEG, the markets were already pricing in nearly a 100% chance that the ECB would raise rates by at least 25 basis points before their Governing Council meeting in June. $BTC
Hey folks, just wanted to let you know that the European Central Bank dropped the news yesterday that they're cranking up interest rates by a quarter point, bringing them to 2.25%. Meanwhile, the ongoing conflict with Iran is still throwing inflation off its target.
According to data from LSEG, the markets were already pricing in nearly a 100% chance that the ECB would raise rates by at least 25 basis points before their Governing Council meeting in June. $BTC