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@ Laeserin
2024-06-10 12:57:17
Monday Market Update
ECB lowered interest rates
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. Based on an updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission, it is now appropriate to moderate the degree of monetary policy restriction after nine months of holding rates steady. Since the Governing Council meeting in September 2023, inflation has fallen by more than 2.5 percentage points and the inflation outlook has improved markedly.
Press conference from the ECB featuring ECB President Christine Lagarde).
Euro-area inflation stabilizes
Source: Eurostat
Gold, silver, and Bitcoin continue to boom
Precious metals
Source: Goldpreis.de
Bitcoin
Source: Coinmarketcap
Source: Fiat Market Cap
Source: Infinite Market Cap
