Ecb, Fed Rate Cut Hopes Lift Global Stocks, Sterling Sags

Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new prime minister Boris Johnson would lead Britain into a no-deal exit from the European Union.

Topics:  european central bank   federal reserve   boris johnson   britain   union   european   rate   cut   global   stocks   
BING NEWS:
  • ECB's June Rate Cut Not Necessarily Followed by Others, Nagel Says
    The ECB has essentially promised a rate cut at its next policy meeting on June 6 but policymakers are still debating the rate path beyond that and signals from the U.S Federal Reserve that its own ...
    04/23/2024 - 8:11 pm | View Link
  • Fed Rate-Cut Reluctance Will Limit ECB Leeway, Holzmann Says
    “If the Fed doesn’t cut rates at all this year, I hesitate to imagine us cutting three or four times.” ...
    04/18/2024 - 3:26 am | View Link
  • European Shares Gain On Hopes Of ECB Rate Cut
    (RTTNews) - European stocks eked out modest gains on Thursday as soft eurozone inflation data for March booted hopes for an ECB rate cut in June ... forces shaping the global economy, delivered ...
    04/17/2024 - 10:30 pm | View Link
  • US Treasury selloff pauses, though rate cut hopes recede
    The selloff has come as investors and the Federal Reserve reevaluate the need for interest rate cuts in the face of resilient economic data and signs of strength in the labor market. In an appearance ...
    04/17/2024 - 1:22 pm | View Link
  • ECB could cut rates more than three times in 2024
    Markets price just three cuts this year as expectations have retreated in recent weeks after unexpectedly high US inflation data pushed Fed ... rate cut but said that an unexpected escalation of ...
    04/14/2024 - 10:18 pm | View Link
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