Market question: European Central Bank cuts rates in Oct meeting?
Category: Other
Tags: Economy, Business, finance, ECB, interest

This market will resolve to “Yes” if following the European Central Bank's (ECB) October 2024 meeting the deposit facility rate is set below the level it was prior to the meeting. Otherwise, it will resolve to “No”.

The resolution source for this market is information from the ECB released after its meeting scheduled for October 17, 2024 according to their official calendar: https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official website of the ECB at https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB's statement for their October meeting with relevant data is issued. If no statement is released by October 31, 2024, 11:59 PM ET, this market will resolve to the "No change" bracket.

Outcome: Yes