(Bloomberg) -- The European Central Bank won’t be swayed from a first interest-rate cut in June by oil price uncertainty, Governing Council member Francois...
-- The European Central Bank won’t be swayed from a first interest-rate cut in June by oil price uncertainty, Governing Council member Francois Villeroy de Galhau said.Traders Are Cashing Out of Markets En Masse
“From the point we have sufficient confidence in the fact that we will meet the 2% inflation objective by next year, our duty is to minimize the cost in terms of activity and employment,” Villeroy said. “That is the sense of a first cut in June.” The federal government unveiled billions in spending in its 2024 budget, and to help pay for it all, it’s proposing changes to how capital gains are taxed. CBC’s Nisha Patel breaks down how it works and who will be affected.The US dollar is strengthening. Here’s what’s driving the rally and what it means for AmericansAs inflation cools, Macklem says different countries will cut rates at own pace
Bloomberg Francois Villeroy De Galhau Governing Council Inflation Expectations Conflict In The Middle East
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