📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
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.