Market Description:

• The ECB's interest rate decisions are critical for influencing inflation, borrowing costs, and overall economic conditions in the Eurozone.

• In response to ongoing economic challenges such as inflation and fluctuating growth, this market asks whether the ECB will announce a rate hike during its October 2024 meeting.

• ECB rate changes have significant impacts on financial markets, loans, mortgages, and savings across Europe.

Resolution Criteria:

• The market will resolve YES if, by the end of October 2024 (17/10/2024), the ECB announces an increase in its main refinancing operations rate.

• Official confirmation will be sourced from the ECB's website or through major financial news outlets reporting the rate decision.

• If the ECB holds rates steady or reduces them, the market will resolve NO.