Frankfurt. The European Central Bank held euro zone interest rates on hold on Thursday but raised expectations of a rate cut at its June meeting as inflation slows. The European issuer kept its monetary policy unchanged for the fifth consecutive time and left the reference interest rate at 4.0 percent, its highest level since the … Read more
Frankfurt, Germany. The European Central Bank (ECB) maintained interest rates for the euro zone this Thursday, but raised expectations of a rate cut at the June meeting, given the slowdown in inflation. The European issuer kept its monetary policy unchanged for the fifth consecutive time and left the reference interest rate at 4.0 percent, its … Read more
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At the meeting of the ECB Council in Frankfurt, it was decided to maintain the main refinancing operations rate at 4.5%, the overnight deposit rate at 4% and the overnight lending rate at 4.75%. In order to fight against inflation, interest rates had previously been increased by the ECB Council for ten meetings in a … Read more
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“The beginning of the summer, I think, is when that will start to happen,” Kazak said, while stressing that rate cuts would be done cautiously, gradually, as the economy responds, and that rates should not be expected to return to zero. He also noted that, according to financial market forecasts, a rate cut is expected … Read more
European Central Bank Board Member Olli Rehn believes that emerging conditions will allow borrowing costs to be reduced more than once during the current year, expecting the first such step to be “near summer.” “I see the approaching summer as the right time to start easing the tight approach to monetary policy,” Ren said in … Read more
As expected, the European Central Bank kept interest rates unchanged at today’s board meeting in Ghent, as reported by ot.gr. Interest rates were last raised in September 2023 in the upward cycle that began in July 2022, with the deposit rate reaching 4%. In the next three meetings, the ECB consistently reiterated that interest rates … Read more
Inflation Likely to Moderate as US Retail Sales Show Resurgence Inflation Likely to Moderate as US Retail Sales Show Resurgence Inflation dip supports Fed’s cautious stance Inflation in the US is predicted to have shown gradual signs of abatement in the past month, signaling a glimmer of stability in the nation’s economy and reducing the … Read more
Daily Market Update – March 8 Daily Market Update – March 8 Stock Market Today: Dow, S&P Live Updates Breaking news from the financial world as the Dow Jones and S&P 500 show significant activity throughout the day. Stay ahead with the latest market movements and economic indicators. European Futures, Asian Stocks Up Pre-US Jobs … Read more
U.S. Dollar Softens as Traders Await Powell’s Testimony U.S. Dollar Softens as Traders Await Powell’s Testimony By John Doe LONDON – The U.S. dollar displayed slight weakness on Wednesday as traders remained cautious ahead of congressional testimony from Federal Reserve Chair Jerome Powell and the European Central Bank’s policy announcement. Bitcoin Gains Momentum Bitcoin, on … Read more
Finance Of Laura Bonadies e Chiara Di Cristofaro Investors are looking to the speech that the Fed president will give to the US Congress in the afternoon, while attention remains high in view of the ECB meeting. Piazza Affari supported by banks and energy companies, differential between BTp and Bund at 138 basis points. Bitcoin … Read more