EURUSD trades cautiously around 1.0420 in Thursday’s European session as investors focus on the European Central Bank’s monetary policy decision...
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The European Central Bank’s decision to cut its benchmark interest rate to 2.75% underscores the persistent economic stagnation gripping the Eurozone, warns deVere Group, one of the world’s leading independent financial advisory and asset management firms. The ECB announced on Thursday that it lowered its key rates by 25 basis points (bps), as expected. The unanimous move by the Governing Council comes against a backdrop of zero-growth in the fourth quarter of 2024 and continued struggles in manufacturing. ECB President Christine Lagarde cautioned that the economy is set to remain weak in the near term, highlighting fragile consumer confidence and ongoing
EURUSD trades cautiously around 1.0420 in Thursday’s European session as investors focus on the European Central Bank’s monetary policy decision...
We’re days away from another Bank of Canada interest rate announcement — the first of eight scheduled for 2025 — and though economists were...
Live coverage of business, economics and financial news as ECB expected to cut interest rates by 0.25 percentage points in effort to support growth
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TORONTO – Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in...
On Wednesday morning, the Bank of Canada announced an interest rate cut of 25 basis points for their January decision — the first of eight scheduled...
Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on January 29 in light of...