Will the European Central Bank (ECB) raise interest rates in October 2024?
Mini
2
Ṁ32
Oct 31
37%
chance

Market Description:

  • The ECB's interest rate decisions are critical for influencing inflation, borrowing costs, and overall economic conditions in the Eurozone.

  • In response to ongoing economic challenges such as inflation and fluctuating growth, this market asks whether the ECB will announce a rate hike during its October 2024 meeting.

  • ECB rate changes have significant impacts on financial markets, loans, mortgages, and savings across Europe.

Resolution Criteria:

  • The market will resolve YES if, by the end of October 2024 (17/10/2024), the ECB announces an increase in its main refinancing operations rate.

  • Official confirmation will be sourced from the ECB's website or through major financial news outlets reporting the rate decision.

  • If the ECB holds rates steady or reduces them, the market will resolve NO.

#Economics
#Interest Rates
#Federal reserve
#Europe
#Central Banks
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