Sterling rises on economic data, defence spending eyed
Sterling strengthened on Monday as investors digested upbeat UK economic data and the government’s plans to boost…
Browsing Tag
interest rate cuts
UK house prices up in March – Halifax
UK house prices rose by 0.3 per cent in March, lifting the average property value to £297,781 and pushing annual…
Eurozone business lending accelerates in March, ECB data shows
Lending to eurozone businesses picked up pace in March, rising 2.3 per cent year-on-year, up from 2.1 per cent in…
URGENT: Egypt c.bank cuts rates by 225 bps, first easing in 5 years amid slowing inflation
Egypt’s central bank (CBE) cut its key interest rates by 225 basis points on Thursday, delivering its first rate…
Fitch sees ‘deeper’ rate cuts in Europe, emerging markets as growth slows
Central banks in Europe and emerging markets are poised to deliver “deeper rate cuts” in 2025 than previously…
ECB’s Wunsch warns against excessive rate cuts
European Central Bank policymaker Pierre Wunsch cautioned that the eurozone risks "sleepwalking" into excessive…
ECB’s Knot backs market forecast for rate cuts
European Central Bank (ECB) policymaker Klaas Knot expressed support for market expectations of interest rate cuts…
ECB aims for balanced rate cuts in 2025 – Lane
The European Central Bank (ECB) is poised to ease monetary policy further this year but must tread carefully to…
Wheat prices hit 5-m low amid supply surge
Wheat prices are experiencing their longest decline in over five months, driven by expectations of ample global…
Gradual rate cuts likely over next year- BoE’s Bailey
Bank of England (BoE) Governor Andrew Bailey indicated that gradual interest rate cuts are likely over the next…
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