🔥 The European Central Bank 🇪🇺 and Canada 🇨🇦 are expected to cut interest rates this week.

- The European Central Bank (ECB) will release its policy on Thursday, with markets indicating a 93% chance it will reduce interest rates from 4% to 3.75%. A Reuters poll of 82 economists last week showed all expected an interest rate cut at the June 6 meeting, after some ECB policymakers signaled the possibility of a rate cut. ability to reduce interest rates.

- The market shows an 82% chance that the Bank of Canada will reduce interest rates on Wednesday, from 5% to 4.75%. The rate increased on Friday after Canada's first-quarter GDP grew more slowly than forecast.

They're about to push interest rates too high.... $BTC $ETH $BNB