Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Bank of America: ECB rate expected to drop to 1.5% by September

Bank of America: ECB rate expected to drop to 1.5% by September

CointimeCointime2025/02/17 16:55
By:Cointime

a survey of American bank credit investors showed that investment-grade credit investors expect the European Central Bank to lower interest rates slightly less than high-yield credit investors. The survey found that as many as 41% of investment-grade credit investors expect the European Central Bank's deposit rate to end at 2%, while 37% of high-yield credit investors expect it to end at 1.75%. Analysts at Bank of America expect the deposit rate to drop to a low of 1.5% by September. The European Central Bank's deposit rate is currently at 2.75%.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Stocks and Crypto Rally After Rough February, But Will It Last?

Overall, the crypto market cap increased by 7.19% to $2.84 trillion, with an enormous $150 billion traded in just 24 hours.

Cryptotimes2025/03/01 18:00