European Central Bank poised to cut rates again
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.
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.
Canada Inflation Cools Sharply, Falling Below Central Bank’s Target
The fall in the CPI to 1.6% is unlikely to comfort a central bank wanting to see economic growth accelerate and wary of inflation dropping persistently below target.
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.
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 and to support economic growth.
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
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 expectations that bank policymakers will lower interest rates at Thursday’s meeting.
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 after inflation cooled by more than expected last month.
ECB set for second straight rate cut as euro zone economy ails
The European Central Bank is likely to lower interest rates for the third time this year on Thursday, arguing inflation in the euro zone is now increasingly under control and the economy is stagnating.
European Stocks Climb as ECB Rate Decision Looms
Stocks across the Atlantic were climbing Thursday as investors waited for the European Central Bank's interest-rate decision. The continent's flagship Stoxx 600 index was up 0.5% in morning trading. Paris's CAC 40 jumped 1.
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 ...
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 ...
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 ...
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 ...
lex181d
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 ...
Philippines Cuts Key Rate For Second Time as Price Gains Slow
The Philippine central bank cut its benchmark interest rate by 25 basis points for the second time this year, as slowing ...