-
ECB to Cut Faster in Bid to Revive Flagging Economy, Poll Shows
The European Central Bank will cut interest rates more rapidly than previously envisaged to perk up an economy facing weaker growth and inflation, a Bloomberg survey showed. Respondents predict a quarter-point reduction next week and at every policy meeting through June — taking the deposit rate to 2%. Earlier, they only saw that level being reached a year from now. With projections for economic expansion and consumer prices set to be trimmed, a broad majority of analysts expects borrowing costs to be low enough by end-2025 to stimulate growth. Earlier, Most only anticipated neutral settings before. The shift ... (full story)
- Comments
- Subscribe
-
- Older Stories
From xm.com|Dec 6, 2024Risk sentiment took a hit in Asia on Friday from renewed political rumblings in South Korea, rattling investors' nerves as they awaited a crucial U.S. nonfarm payrolls report that ...
From cftc.gov|Dec 5, 2024The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of Texas entered a consent order imposing permanent injunctive relief, ...
From think.ing.com|Dec 5, 2024Eurozone government bond spreads tightened significantly on improving risk sentiment as Le Pen suggested a new budget could be put together in weeks. Front and centre though is ...
-
- Newer Stories
From destatis.de|Dec 6, 2024|1 commentProduction in industry in real terms (price adjusted) was down 1.0% in October 2024 month on month after seasonal and calendar adjustment, according to provisional data provided ...
From fxdailyreport.com|Dec 6, 2024|1 commentEURUSD has formed higher lows and found resistance around the 1.0600 major psychological mark, creating an ascending triangle pattern that’s been holding since mid-November. Price ...
From xm.com|Dec 6, 2024The European Central Bank would happily, if quietly, cheer an even weaker euro exchange rate - and may be far more wary of the opposite at just the wrong time. The euro is likely ...
- Story Stats
- Posted: Dec 6, 2024 1:40am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,305
- Linked event:
