📊 Inflation data from the euro zone (November):

The year-on-year CPI reached 2.2%, surpassing both the previous value ( 2.1% ) and market estimates ( 2.1% ).

This reading above expectations could influence the ECB's monetary policy decisions and, by extension, the digital asset markets. Investors will be looking out for upcoming signals regarding interest rates.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
6
Repost
Share

Comment

0/400

GateUser-beba108d

· 4h ago

It’s up again. Can the European Central Bank still cut interest rates? Now the crypto world will have to toss and turn along with it.

View OriginalReply0

BearEatsAll

· 12-02 10:31

Ngl, the Eurozone inflation exceeded expectations again, and now the BCE has a headache... Interest rate hike expectations are back, and BTC and ETH might be hit hard.

View OriginalReply0

failed_dev_successful_ape

· 12-02 10:30

Oh, 2.2%, exceeded expectations again, now BCE must be having a headache, haha.

View OriginalReply0

StakeHouseDirector