🔶 A historic turning point, the European Central Bank began to cut interest rates
The European Central Bank announced a 25 basis point interest rate cut for the first time, and then the Bank of Canada also announced a 25 basis point interest rate cut, lowering the interest rate to 4.75%
It should be noted that various European decisions are one of the early bird indicators of the world economy, indicating that inflation has been effectively curbed. Next, central banks around the world should also start various interest rate cuts.
Interest rate cuts mean that a large amount of hot money will enter the market from the bank savings system, and all walks of life will receive blood transfusions.
For the currency circle, there will also be a large amount of hot money entering the speculation, which often means that the cottage season is coming, and the opportunity is coming. Prepare the ammunition and we are ready to do a big job😆
