Sterling slides as tariff fears, global volatility weigh on markets
The pound sterling fell to a one-year low against the euro and a seven-month low against the yen on Wednesday,…
Browsing Tag
Rate Cut
ECB’s Rehn: Risks, inflation outlook support rate cut
Downside risks have intensified since March, strengthening the case for a rate cut at the European Central Bank's…
Sterling falls as Trump tariffs stoke recession fears
The pound sterling weakened against the dollar and euro on Monday as investors pulled back from risk-sensitive…
ECB rate cut likely in March, more to follow—Simkus
European Central Bank (ECB) policymaker Gediminas Simkus, who is also the Governor of Lithuania's central bank,…
Trump tariffs won’t derail easing plans – ECB’s Villeroy
European Central Bank Governing Council member François Villeroy de Galhau stated Thursday that potential trade…
URGENT: BoE cuts interest rate by 0.25 points
The Bank of England cut its interest rate by 0.25 percentage points to 4.75 per cent in its November 6 meeting,…
ECB to cut rates as inflation concerns rise – Villeroy
The European Central Bank (ECB) is likely to cut interest rates on October 17, 2024, due to weak economic growth…
ECB’s Rehn sees growing likelihood of rate cut this month amid eased inflation
Easing inflation pressures and a deteriorating eurozone economy are bolstering arguments for an interest rate cut…
Norges Bank keeps policy rate at 4.5%
Norges bank’s Monetary Policy and Financial Stability Committee decided to maintain the policy rate at 4.5 per cent…
URGENT: BOE holds interest rate at 5%
The Bank of England (BOE) decided on Thursday to keep interest rate at 5 per cent.
AfDB 2023