Geoffrey Dennis, an independent EM commentator, discusses the European Central Bank’s recent interest rate cut and its impact on economic growth. Despite sluggish growth in Europe and a slowdown in the US, Dennis does not foresee a recession. The ECB’s minor forecast adjustments for 2024 and 2025 reflect cautious optimism.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest