European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
Morning Bid: Megacaps mixed as Fed pauses; ECB cut and GDP up next
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ECB: Heading Towards Neutral
Despite still elevated domestic inflation, weak growth and inflation projected at target this year strengthen the case for further rate cuts.
ECB delivers quarter-point cut and little change in tone
ECB cuts the deposit rate by a quarter point to 2.75 per cent as expected and offers little shift in tone from December as it continues to move policy away from restrictive territory ...
Stocks don’t need another Fed rate cut as much as they need this right now
Fed Chair Jerome Powell said the central bank does “not need to be in a hurry,” in an afternoon press briefing, adding that ...
Eurozone Bond Yields Little Changed Post-Fed, Pre-ECB
Eurozone government bond yields were little changed as investors digested the Fed’s meeting and awaited the ECB decision.
Europe stocks set to slip after closing at record high; traders digest dovish ECB messaging
European markets closed at record highs on Thursday as investors reacted to the European Central Bank’s fifth consecutive ...
The Federal Reserve holds interest rates steady
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...