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After the release of the US CPI data, traders increased their bets on the European Central Bank's interest rate cut, and now expect a 20 basis point rate cut in September.

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2024-07-11 20:36:25
11 day news usa cpi data post release traders increasedesk3cryptocurrencydesktopCrypto News
After the release of the US CPI data, traders increased their bets on the European Central Bank's interest rate cut, and now expect a 20 basis point rate cut in September.
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U.S. inflation generally fell in June, boosting interest rate cut expectations
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On July 11, after the release of the US CPI in June, the Federal Reserve's interest rate cuts priced in the swap market increased during the year.

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