Market question: 26-50 bps decrease in ECB interest rates after 2024 December meeting?
Category: Politics
Tags: Economy, Europe, ECB, interest rates, Politics, Business, finance

This market will resolve to “Yes” if following the European Central Bank's (ECB) December 2024 meeting the deposit facility rate is reduced by between 26 (inclusive) and 50 (inclusive) basis points beneath 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 December 12, 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 December meeting with relevant data is issued. If no statement is released by December 31, 2024, 11:59 PM ET, this market will resolve to the "No change" bracket.

Outcome: No