Bank of America: ECB rate expected to drop to 1.5% by September
a survey of American bank credit investors showed that investment-grade credit investors expect the European Central Bank to lower interest rates slightly less than high-yield credit investors. The survey found that as many as 41% of investment-grade credit investors expect the European Central Bank's deposit rate to end at 2%, while 37% of high-yield credit investors expect it to end at 1.75%. Analysts at Bank of America expect the deposit rate to drop to a low of 1.5% by September. The European Central Bank's deposit rate is currently at 2.75%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
100% rebate for KYB users: Earn fee rebates on EUR bank deposits!
[Initial listing] Bitget to list Talus (US) in the Innovation and AI zone
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
