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Traders trimmed bets on a rate cut by the ECB, expecting a 31 basis point cut in December.

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2024-10-30 17:06:40
Traders cut ECB rate cut bet forecast 12 rate cut 31desk3cryptocurrencydesktopCrypto News
Traders trimmed bets on a rate cut by the ECB, expecting a 31 basis point cut in December.
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Traders trimmed expectations for a 50 basis point ECB rate cut in December, with the odds down to 22 percent from around 45 percent before the data.
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Germany's third-quarter unadjusted GDP annualized rate was 0.2% initially, 0.1% expected, and 0.30% previously.

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