Aggressive step comes as new data showed that wholesale prices fell 1.9% last month in U.S.
Topics: banks europe interest rate cuts
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BING NEWS:
- The divergence in central bank rate cutting plans
AT the beginning of 2024, markets were expecting all major central banks to deliver a similar number of rate cuts. This expectation ...
05/3/2024 - 5:30 pm | View Link - Could the Bank of England leapfrog the Fed and cut interest rates first?
The BoE has so far followed the Fed's lead - but markets are starting to consider whether we might start to see divergence between the US and other central banks.
05/3/2024 - 3:00 pm | View Link - ECB's Stournaras sees just three rate cuts in 2024 on strong growth
The European Central Bank is "most likely" to cut interest rates just three times this year as stronger-than-expected economic growth supports inflation, ECB policymaker Yannis Stournaras said in an ...
05/2/2024 - 6:54 pm | View Link - Three ECB Cuts Now More Likely in 2024, Stournaras Tells Liberal
The European Central Bank will probably lower borrowing costs three times this year instead of four, according to Governing Council member Yannis Stournaras.
05/2/2024 - 10:41 am | View Link - ECB should accumulate data between rate cuts, chief economist says
The European Central Bank should accumulate data before each interest rate cut given the great uncertainty that surrounds the economic outlook, ECB chief economist Philip Lane said on Thursday.
05/2/2024 - 8:41 am | View Link - More
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