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On a global level, Mr Trump’s Aug 1 deadline also takes centre stage. Read more at straitstimes.com. Read more at straitstimes.com.
The euro zone economy has remained resilient to the pervasive uncertainty caused by a global trade war, a slew of data showed ...
Goldman Sachs and BNP Paribas scrapped their forecasts for a September rate cut by the European Central Bank, now expecting ...
In notes dated July 24, Goldman said it no longer expects the ECB to deliver a rate cut this year, while J.P. Morgan has ...
After eight consecutive cuts, policymakers held interest rates steady, noting that “the environment remains exceptionally ...
The European Central Bank is leaving interest rates unchanged as it waits to see how big a blow U.S. President Donald Trump’s ...
In fact, in the last 12 months the ECB has reduced its rate eight times and the Fed has done so three times, all late last year. The Fed's cuts last year lowered its rate to about 4.3%.
The EUR/USD exchange rate pulled back and crossed a key support level after the US released mixed economic numbers last week. It will now be in the spotlight this week as the European Central Bank ...
The European Central Bank should refrain from lowering interest rates again after eurozone inflation hit the 2% target in June, rate setter Isabel Schnabel said.
"Our interest rates are also in a good place, and the bar for another rate cut is very high," Schnabel said in an interview with Econostream Media.
Policymakers pointed to “considerable uncertainty” about the timing, size and duration of the tariffs’ potential effects on inflation, the minutes showed.
Forecasts and warnings largely worked during the Texas catastrophe. Those systems are expected to degrade as President Donald Trump’s agenda is set in place.