📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
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Lagarde hinted that the interest rate cut cycle is nearing its end, and the market is no longer fully pricing in another 25 BP rate cut this year.
On June 5, traders cut bets on future interest rate cuts by the European Central Bank and no longer fully priced in expectations for another 25 basis points of rate cuts this year. Money markets were pricing in a further rate cut of just 23 basis points before December, compared to 32 basis points ahead of the ECB's interest rate decision on Thursday. Short-term bonds led the decline, with the two-year German bunds yield rising as much as 7 basis points to 1.87%. Earlier, ECB President Christine Lagarde said that the central bank's interest rate cut cycle is nearing its end.