ECB Officials Signal Rate-Cutting Cycle Nearly Over

European Central Bank officials indicated their rate-cutting cycle is approaching an end after holding rates steady for the fourth consecutive meeting. The ECB upgraded growth forecasts and said the current 2% deposit rate should be "sufficiently robust" to handle economic shocks, reducing the need for further cuts if current conditions persist.

The central bank remains data-dependent and hasn't pre-committed to any path, but the shift reduces market expectations for additional easing. This supports a stronger euro and may create headwinds for risk assets that benefited from loose monetary policy expectations.

Main points for Binance post:

🚨 ECB Signals Rate Cuts Nearly Done - Crypto Impact 📊

ECB holds rates steady for 4th meeting, says 2% deposit rate "sufficiently robust" - cutting cycle likely over

Upgraded growth forecasts reduce need for more easing, supporting stronger euro

Risk asset headwind: Tighter liquidity expectations may pressure crypto and tech sectors

Data-dependent approach - no pre-commitment but shift away from dovish stance

Watch EUR strength & liquidity flows on Binance! DYOR #ECB #Crypto #Markets