ECB takes action again, cutting three rates in a row! Was the market already expecting this?

Europe further eases, with three consecutive rate cuts implemented. The European Central Bank announced three rate reductions:

Deposit rate lowered to 2.25%, refinancing rate lowered to 2.40%, marginal lending rate lowered to 2.65%.

This is the seventh cut since last June, aligning with previous market bets.

Eurozone assets may see a boost in liquidity, adding another layer to the global easing landscape. The next step is to see how the market digests this wave of dovish signals.

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