🔥 The European Central Bank (ECB) has decided to lower interest rates for the 7th time since June last year, in order to protect the region's economy from the risk of recession.
The rate of 2.25% still lies above the "neutral" threshold (1.75–2.25%), indicating that monetary policy is still somewhat tight.
This is good news for the European stock market, and may support capital flows back into risky assets, including crypto if investors perceive reduced systemic risk.