The European Central Bank can’t commit to further reductions in borrowing costs after a likely first move in June, according to President Christine Lagarde.
Oil Edges Lower With Focus on Crude Stockpiles and Fed DecisionKering Shares Drop After Warning of Plunge in Gucci SalesBlackRock Ditched by Texas Fund Shows Limits of Fink PersuasionBitcoin Wobbles as Traders Await Fed Guidance on Scope for Rate CutsECB Is Planning to Give Investors a Glimpse of Key Wage IndicatorsEuropean Stocks Drop as Luxury Sees $30 Billion Value WipeoutChina to Use Public Auctions For Sale of Special Ultra-Long DebtAsia Stocks to Follow US Rally With Eyes on Fed: Markets...
Fed likely to cut rates twice this year, economist says‘The elephant in the inflationary room’: Economists react to CPI dataOttawa should keep its 'hands off' pension funds, says former OTPP headGrocery inflation dipped to 2.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ECB More Likely to Cut Rates in June Than April, Villeroy Says(Bloomberg) -- The European Central Bank will lower borrowing costs in the spring, with June more likely than April for a first move, Bank of France Governor Francois Villeroy de Galhau said.
Read more »
ECB’s De Cos Says First Interest Rate Cut Could Come in June(Bloomberg) -- European Central Bank Governing Council member Pablo Hernandez de Cos said he expects interest rates to be cut in June if inflation continues to moderate as anticipated.
Read more »
ECB Officials Back June Cut With Some Keeping Door Open to AprilMomentum is building for the June interest-rate cut that European Central Bank President Christine Lagarde flagged on Thursday.
Read more »
ECB Needs to Wait for June, Vice President Tells Naftemporiki“We haven’t yet discussed anything about future rate moves. We need to gather more information,” European Central Bank Vice President Luis de Guindos said in an interview with Greek newspaper Naftemporiki. “The evolution of wages is key and most of the wage bargaining agreements will have been concluded in the first months of this year.
Read more »
ECB Must Cut Rates Twice Before Summer Break, Stournaras SaysThe European Central Bank must lower borrowing costs twice before its August summer break and two more times before the end of the year, without being swayed by the US Federal Reserve, according to Governing Council member Yannis Stournaras.
Read more »
ECB’s Centeno Says Cutting Rates May Help Prevent a Recession(Bloomberg) -- Cutting European Central Bank borrowing costs could help prevent a euro-area recession, according to Governing Council member Mario Centeno.
Read more »