Founder of MN Trading: Ethereum will surpass Bitcoin in terms of growth rate by 2024
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Report: ECB officials tend to favor a rate hike in December, with inflation outlook being the key variable
According to media reports, officials from the European Central Bank generally believe that, based on current data and the economic impact of the Middle East war, if the inflation situation does not improve, the European Central Bank will raise interest rates by 25 basis points in December. Currently, the market is pricing an 85% probability of a 25 basis point rate hike by the ECB in December. Analysts note that although the ECB has left room for another rate increase in December, the Governing Council is laying the groundwork to end the current tightening cycle.
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