Hungary needs to change the EU, not leave it – PM Orban
Hungarian Prime Minister Victor Orban attends a roundtable during the summit between leaders of the European Union (EU) and the...
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Hungary central bank seen defying government pressure to accelerate rate cuts
BUDAPEST, Nov 17 (Reuters) - The National Bank of Hungary is expected to cut its base rate by another 75 basis points to 11.5% (HUINT=ECI) next Tuesday, a Reuters poll showed, with the bank under pressure from Prime Minister Viktor Orban's government to reduce rates more sharply.With the European Union's highest inflation rate declining, from a high of 25% in the first quarter to a lower-than-forecast 9.9% last month, the NBH has cut borrowing costs by a combined 575 bps since May to 12.25% - still the EU's highest benchmark.Hungary...
Dollar posts steep weekly fall, trades below 150 yen
A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28,...
Wall St Week Ahead After breathtaking surge, US stocks’ path may rest on economic soft landing
NEW YORK, Nov 17 (Reuters) - Are U.S. stocks poised to continue their dramatic run, or is a pause ahead?...
European shares end the week higher as bond yields slide on rate cut bets
A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsMarkets price in 100-bps rate cuts in 2024Moody's Italy rating review dueVolvo Cars shares drop to record low as Geely trims stakeSTOXX 600 up 1.0%, adds 2.8% this weekNov 17 (Reuters) - European shares rose on Friday, boosted by financials and healthcare, ending the week higher on growing optimism that central banks will aggressively cut interest rates...
Fall in UK rate curve shows markets more upbeat than BoE, Ramsden says
Deputy Governor for Markets and Banking of the Bank of England Dave Ramsden attends a press conference concerning interest rates,...
France makes case for Paris to host new EU dirty money watchdog
European Union (EU) flags fly in front of the headquarters of the European Central Bank (ECB) in Frankfurt, Germany, July...
Morning Bid: Treasury yields dive as oil craters, economy softens
A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market...
UK retail sales slide again in October in new blow for economy
People shop on Oxford Street in London, Britain April 10, 2023. REUTERS/Anna Gordon/File Photo Acquire Licensing RightsUK retail sales dip...
France eyes cuts to business subsidies and healthcare spending
A view shows skyscraper office properties at La Defense business and financial district near Paris, France, June 26, 2023. REUTERS/Stephanie...
