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  • ECB Monetary policy decisions

    From ecb.europa.eu

    The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which the Governing Council steers the monetary policy stance – is based on its updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission. The disinflation process is well on track. Staff see headline inflation averaging 2.4% in 2024, 2.1% in 2025, 1.9% in 2026 and 2.1% in 2027 when the expanded EU Emissions Trading System becomes operational. For inflation ... (full story)

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  • ECB cuts interest rates for fourth time this year

    From uk.finance.yahoo.com

    The European Central Bank cut interest rates for the fourth time this year on Thursday and kept the door open to further easing ahead as inflation closes in on its goal and the economy remains weak. The central bank for the 20 countries that share the euro reduced the rate it pays on bank deposits, which drives financing conditions in the bloc, to 3.0% from 3.25%. It was at a record 4.0% only in June. It also signalled that further cuts are possible by removing a reference to keeping rates "sufficiently restrictive", economic jargon for a level of borrowing costs that curbs economic growth. "Financing conditions are ... (full story)

Killing Europe along with incompetent politicians - but 25bps as expected (because nobody expected ECB to realize the depth of the problems that Europe is in)
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  • | IP XX.XX.110.175
They did it right , and much better than FED and RBA
Quoting Banditten
Killing Europe along with incompetent politicians - but 25bps as expected (because nobody expected ECB to realize the depth of the problems that Europe is in)
They will years later that’s the rinse and repeat cycle.
The solution is (x).
buy the rumor sell the new scenario?
https://my.hfm.com/en/hfcopy/provider-details.html?provider=78024851
The rate at which EU went down was too massive i was lucky that sL was not hit.
Quoting Ericedge
The rate at which EU went down was too massive i was lucky that sL was not hit.
Less than 30 pips massive?
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
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