Europe is taking notes from America. Soon cheaper money will be available again to fuel the bull run.
Get ready
kirtash93 on
2025 is going to be an amazing year for us crypto believers. Economy recovery is coming.
Get your space suits clean and ready because we are going to showoff 🧑🚀🚀
coinfeeds-bot on
tldr; The European Central Bank (ECB) cut interest rates by 25 basis points, lowering the key rate from 3.5% to 3.25%, following a drop in inflation to a three-year low of 1.7%. This is the third rate cut this year, as inflation rates in the eurozone have been declining, reducing the pressure to raise rates. The decision was anticipated, with further cuts expected by December. The rate reduction aims to stimulate economic growth amid sluggish eurozone growth and economic challenges.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
KIG45 on
Many countries in Europe are on the verge of bankruptcy. With huge debts. I don’t know how you can stimulate the economy artificially permanently. One day the bubble will burst, the same thing awaits the USA. But I hope that crypto will save us, because I have long not believed in this financial system.
Ill-Sandwich-7703 on
It’s all coming together and in line with what many of us ‘non-analysts’ have been saying for months. We’re nearly there. Crypto IS drama so enjoy the ride.
jfwelll on
They all lowering the key rates to make people spend again.
Inflation may have dropped but itll never balance out the insane inflation years we got.
In the end people got salary raises but still lost buying power.
Higher priced everything gives the impression that economy is doing well because retail consumptions % went higher than expected, but in fact, number of actual sales (not in $ but in sales) is going down in pretty much every sector.
We are walking on thin glass. What hapens when sales slow down? Downsizing, lower production , economy shrinks.
But maybe they can kick the ball some more to keep the investors happy and we can go for another inflation cycle.
My portfolio is happy, my wallet when buying pretty much everything is not.
6 Comments
Europe is taking notes from America. Soon cheaper money will be available again to fuel the bull run.
Get ready
2025 is going to be an amazing year for us crypto believers. Economy recovery is coming.
Get your space suits clean and ready because we are going to showoff 🧑🚀🚀
tldr; The European Central Bank (ECB) cut interest rates by 25 basis points, lowering the key rate from 3.5% to 3.25%, following a drop in inflation to a three-year low of 1.7%. This is the third rate cut this year, as inflation rates in the eurozone have been declining, reducing the pressure to raise rates. The decision was anticipated, with further cuts expected by December. The rate reduction aims to stimulate economic growth amid sluggish eurozone growth and economic challenges.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Many countries in Europe are on the verge of bankruptcy. With huge debts. I don’t know how you can stimulate the economy artificially permanently. One day the bubble will burst, the same thing awaits the USA. But I hope that crypto will save us, because I have long not believed in this financial system.
It’s all coming together and in line with what many of us ‘non-analysts’ have been saying for months. We’re nearly there. Crypto IS drama so enjoy the ride.
They all lowering the key rates to make people spend again.
Inflation may have dropped but itll never balance out the insane inflation years we got.
In the end people got salary raises but still lost buying power.
Higher priced everything gives the impression that economy is doing well because retail consumptions % went higher than expected, but in fact, number of actual sales (not in $ but in sales) is going down in pretty much every sector.
We are walking on thin glass. What hapens when sales slow down? Downsizing, lower production , economy shrinks.
But maybe they can kick the ball some more to keep the investors happy and we can go for another inflation cycle.
My portfolio is happy, my wallet when buying pretty much everything is not.