European Central Bank should cut rates in June, ECB policymaker says
The European Central Bank should cut interest rates in June to avoid falling behind the inflation curve, according to ECB...
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Here’s why Germany’s economy remains the most distressed in Europe
France and Germany's economies are the worst-performing in Europe, while the UK is seen as doing moderately well. On the...
The coming days are critical for Britain’s economic fortunes
Central bankers in the two countries are responding to, and anticipating, broadly similar data. Yet, when economic circumstances diverge, then...
The stunning shortcomings holding back the Bank of England
Compass also struggled to “capture fully” the way monetary policy works in practice and was too optimistic, with a “tendency...
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge – POLITICO
If by U.S. election time in November the ECB has cut rates three times, and the Fed hasn't at all,...
Bank of England’s Greene cautions against early interest rate cuts in UK
Bank of England policy maker Megan Greene said interest rate cuts “should still be a way off” in the UK, helping to fuel a shift in markets away from anticipating a sharp drop in borrowing costs.The remarks in the Financial Times signal that Greene is tilted toward the hawkish side of the BOE’s nine-member Monetary Policy Committee. She warned that Britain can’t yet declare victory in reining in inflation even though those forces have receded in recent months.“The risk of inflation persistence is diminishing as these indicators come down in...
Will the European Central Bank wait to cut rates till the Fed does?
The March consumer price index wasn’t great news for anyone who hopes the Federal Reserve will cut interest rates soon....
U.S. dollar modestly higher as sticky inflation persists, yen hits 34-year low
Thursday's data showed the producer price index (PPI) rose 0.2% month-on-month in March, compared with an 0.3% increase expected by...
Inflation is sticking around. Here’s what that means for interest rate cuts — and your money.
The war against inflation was never going to be easy, but the latest consumer price index data demonstrates just how...
U.S. dollar struggles for direction ahead of data despite rise in yields
Traders in Fed fund futures bet on a total of 62 basis points (bps) of Federal Reserve rate cuts late...
