Will a rate cut reignite Europe’s markets?
The benefits from a rate cut could be marginal given the region’s increasingly fragile political situation
The benefits from a rate cut could be marginal given the region’s increasingly fragile political situation
Hannah Williford canvasses market-watchers on the Fed’s decision to maintain current rates
Christian Mayes rounds up reaction to the eurozone cutting its lending rate 25bps to 3.75% on Thursday
Hannah Williford canvasses industry opinion on decision – and implications for June meeting
Investors may be underestimating the potential fillip to the global economy from future rate cuts
Hannah Williford reports on the ECB’s decision to keep rates unchanged – and when cuts may begin
The European Central Bank opted to keep interest rates unchanged in an expected decision on Thursday. The rates will remain at 4.5% for main refinancing operations, 4.75% for the marginal lending facility and 4% for the deposit facility, where they have sat since September. In the monetary policy statement, the European Central Bank reiterated its…
The pace of US consumer spending looks set to slow down over the medium-to-long term, writes Cherry Reynard The US economy turned in an astonishing performance for the third quarter, growing at an annualised rate of 4.9% between July and September. Financial markets aren’t sure whether to be happy or alarmed at the pace of…
The Federal Reserve held the US base rate steady again last night at a 22-year peak of 5.25–5.5%, as widely expected, writes Alex Sebastian. While the decision to leave rates unchanged was no surprise, Chair Jerome Powell’s accompanying commentary was where the interesting elements were found. While once again reiterating the Fed’s determination to bring…
The European Central Bank (ECB) has decided to hold interest rates at 4%, ending a run of 10 consecutive rate hikes, writes Hannah Williford. The decision comes in the wake of struggling labour markets in Europe, along with mediocre results for household and corporate lending data. The ECB hinted when it last convened in September that…
Would a rate hike pause from the ECB be enough to improve the performance of European stockmarkets? Cherry Reynard has a closer look The European Central Bank appears odds-on to leave interest rates on hold at its October meeting, in spite of rising energy prices. Weakening labour markets, more difficult PMI data and lacklustre household…
Have inflationary pressures eased sufficiently for central banks to start cutting interest rates? Cherry Reynard takes a closer look In recent days, both the US Federal Reserve and – more surprisingly – the Bank of England have chosen to leave interest rates on hold. While both central banks have issued stern words about the need for caution and said…