The European Central Bank (ECB) will hold its next monetary policy meeting on September 11, 2025. After pausing rate cuts in July, markets are watching closely to see if the ECB will resume its easing cycle.

The ECB has cut rates eight times since June 2024, bringing the deposit facility rate from 4% to 2%. Inflation was at 2.0% in July 2025, exactly at the ECB's target level.

This market resolves YES if the ECB announces a rate cut (of any size) to its deposit facility rate at its September 11, 2025 meeting. It resolves NO if rates are kept unchanged or raised.

Resolution source: https://www.ecb.europa.eu/press/pr/date/2025/html/index.en.html