European Central Bank poised to cut rates again as inflation drops below target
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut borrowing costs once again on Thursday after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning.
New Zealand annual inflation at 2.2%, within central bank target range
Inflation in New Zealand returned to the Reserve Bank of New Zealand's target range of 1% to 3% in the third quarter, keeping the door open for the central bank to continue aggressively cutting rates.
Inflation falls to 1.6%, making a case for larger Bank of Canada rate cut
CPI in September below 2% for the first time in more than three years, heavily influenced by drop in gas prices
New Zealand Inflation Slows To 2.2% Annually
Consumer prices in New Zealand were up 2.2 percent on year in the third quarter of 2024, Statistics New Zealand said on Wednesday in
UK inflation falls to 1.7%: Rate drops below Bank of England target
The rate of Consumer Prices Index inflation decreased to 1.7% in September from 2.2% in August, marking the first time it has fallen below the 2% target for over three years.
Inflation rate for New Zealand comes in at 2.2 per cent
New Zealand's inflation rate was released on Wednesday and came in at 2.2 per cent for the year to the end of September.
New Zealand inflation plummets to 2.2 per cent
After three years outside the Reserve Bank's target band, the inflation genie is back in the bottle in New Zealand, down to 2.2 per cent. On Wednesday, Stats NZ confirmed the consumers price index (CPI) inflation was back under three per cent for the first time in over three years.
Eurozone Inflation Revised Lower Ahead of ECB Rate-Cut Decision
Eurozone inflation fell further below the European Central Bank’s target than first thought in September, cementing ...
5 reasons why inflation will be stickier than expected going forward, Deutsche Bank says
The firm says geopolitical turmoil has pushed commodity prices higher, and global interest-rate cuts have been more ...
ECB Set To Cut Rates Again As Inflation Cools
European Central Bank policymakers meet on Thursday with fading price pressures and weaker economic activity in the eurozone nudging them towards making another cut to interest rates.
South Africa's central bank says policy outlook dependent on inflation expectations
South Africa's central bank said on Tuesday that as price pressures continued to moderate it would shift its policy focus to ...
Why has inflation slowed and what does it mean for households?
Lower inflation could also lead to interest rate reductions, which could be positive for Chancellor Rachel Reeves in ...
Namibia Cuts Rates Again After Revising Inflation Forecasts
Namibia’s central bank reduced its key interest rate for a second time in a row after revising its inflation forecasts lower ...
British inflation sends pound briefly below $1.30, dollar firm on Fed outlook, potential Trump win
Sterling tumbled to its lowest in two months on Wednesday after softer than expected British inflation data offered scope for ...
UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut
Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations ...
Major Banks See Bigger Canada Rate Cut After Soft Inflation Data
All but one of Canada’s six biggest lenders now expect the central bank to cut borrowing costs by half a percentage point ...
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National inflation rate hits a 3-year low. Here’s what that means for consumers
The U.S. Bureau of Labor Statistics released its monthly consumer price index report last week, revealing the inflation rate ...