S&P Global: Egypt’s inflation, Red Sea risks may delay rate cuts
Egypt's inflation accelerated in July, and risks from disruption to Red Sea shipping could prompt S&P Global…
Browsing Tag
Rate Cuts
Gold prices fall on Monday
Gold prices fell on Monday amid thin trading volumes as US and Chinese markets remained closed for public holidays,…
Asian shares steady on Monday
Asian shares consolidated recent strong gains on Monday as Lunar New Year holidays kept trading thin across the…
Global stocks slip on Monday
Global markets slipped on Monday as risk aversion gripped investors, even amid ongoing optimism over US rate cuts.…
BoE’s Bailey: Rate cuts ‘gradual, careful’ amid trade uncertainty
Bank of England Governor Andrew Bailey told lawmakers on Tuesday that interest rate cuts in the UK will remain…
BoE’s Breeden: Disinflation continues, growth remains weak
Bank of England Deputy Governor Sarah Breeden said that Britain’s labour market is weakening and economic growth…
Sterling falls on Thursday, weakest since Jan. ’25
The pound sterling slid to 83.85 pence per euro on Thursday, its weakest level since January, as the euro…
Sterling rises as markets await UK economic data
The pound sterling edged up 0.2 per cent to $1.261 on Thursday as traders awaited UK consumer spending and business…
Sterling steady as investors await inflation data
The pound sterling held steady on Wednesday, trading at $1.2443 against the dollar and dipping slightly to 83.37…
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…
Sterling outperforms major currencies against dollar
The pound sterling is set to end 2024 as the top-performing major currency against the dollar, despite a 1.4 per…
ECB should maintain rhythm in rate cuts – Simkus
European Central Bank (ECB) Governing Council member Gediminas Simkus emphasised the need for a steady pace of rate…
ECB’s Wunsch: Weaker euro could mitigate US tariffs impact
European Central Bank (ECB) policymaker Pierre Wunsch said a weaker euro, potentially falling to parity with the US…
China to loosen monetary policy for 1st time in 14 years
China will adopt an "appropriately loose" monetary policy next year, marking its first easing in 14 years, along…
Inflation stabilisation paves way for rate cuts – ECB’s Kazaks
Martins Kazaks, a member of the European Central Bank's (ECB) Governing Council, is calling for further rate cuts,…
Goldman Sachs: S. Africa inflation could undershoot expectations
Goldman Sachs forecasts South Africa's inflation to average 3.3 per cent in 2024, significantly below the central…
BoE’s Lombardelli: Inflation may exceed forecasts
Bank of England Deputy Governor Clare Lombardelli expressed concerns about inflation potentially rising higher than…
China expected to hold rates steady
China is likely to keep its benchmark lending rates steady on Wednesday, according to a Reuters poll.
India’s c. bank likely to cut rate amidst economic slowdown
India's central bank is expected to cut its key policy rate 25 basis points to 6.25 per cent in December to boost…
ECB keeps all options open for December’s rate meeting – Kazimir
The European Central Bank (ECB) remains flexible ahead of its final 2024 meeting, according to Governing Council…
Germany’s property market transactions reach €23.4b in ’24
Transactions in Germany's property market rose modestly in the first nine months of 2024, according to data…
ECB needs to accelerate rate cuts – Germany’s Habeck
Germany’s Economy Minister Robert Habeck expressed concerns on Wednesday over the pace of interest rate cuts by the…
Eurozone wage growth to slow sharply by ’25 – ECB’s Lane
Eurozone wage growth, a significant driver of inflation, is expected to decelerate sharply in 2025 and 2026,…
No urgency for rate cuts -ECB policymakers
European Central Bank (ECB) policymakers showed no urgency in cutting interest rates during their July meeting but…
Sterling bounces back from five-week low
The pound sterling rebounded on Wednesday after hitting a five-week low the previous day, rising 0.27 per cent to…
Swiss National Bank faces pressure over franc strength
The Swiss National Bank (SNB) is under pressure to address the strengthening franc, which is threatening the…
Rate cuts likely amid weak eurozone growth – ECB’s Stournaras
ECB policymaker Yannis Stournaras indicated that a sluggish eurozone economy might push inflation below the…
European shares mixed ahead of ECB decision
European shares experienced a mixed session on Thursday, influenced by gains in energy sectors but tempered by…
European shares extend losing streak for 3rd day
European shares dropped for a third consecutive session on Wednesday, with the pan-European STOXX 600 index…
European shares fall on Tuesday
European shares fell on Tuesday, with the pan-European STOXX 600 down 0.5 per cent as market sentiment weakened due…
European stocks rise amid US rate cut speculation
European shares saw gains on Thursday, buoyed by optimism over potential US interest rate cuts following weak…
European stocks dip, French market cools
European stocks faced declines on Tuesday, influenced by French equities retracing gains from the previous session…
ECB’s Kazaks: cautious approach needed for rate cuts
The European Central Bank (ECB) should approach rate cuts cautiously to avoid a resurgence in inflation, advised…
ECB targets 2% inflation by next year – Villeroy
The European Central Bank (ECB) aims to bring inflation back to its 2 per cent target by next year, despite…
European shares decline on rising bond yields
European shares faced declines on Wednesday amid concerns over rising global bond yields, suggesting prolonged…
ECB shouldn’t dismiss second rate cut in July – Villeroy
The European Central Bank shouldn't rule out consecutive rate cuts in June and July, said Governing Council member…
European shares begin week quietly, eyes on inflation data
European stocks remained subdued on Monday due to several major markets being closed, Reuters reported.
ECB set to cut rates, maintain restrictive policy for ’24 – ECB’s Lane
The European Central Bank (ECB) is set to start cutting interest rates next month but plans to maintain a…
Economic indicators point to easing – ECB’s Cipollone
Recent economic indicators strengthen the European Central Bank's confidence in lowering borrowing costs as…
Eurozone growth hits year high amid recovery
Eurozone private-sector business activity hit a one-year high in May, indicating a solidifying economic rebound,…