Deutsche Bank reacts to BoE’s cautious rate cut to 4.75%
The Bank of England (BoE) announced a reduction in the Bank Rate to 4.75%, marking the second cut in its current easing cycle. This move comes as a cautious approach…
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Factbox-European companies cut jobs as economy sputters
(Reuters) -Difficult economic conditions and persistently weak demand for many products have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since…
Big year of central bank easing wraps up with dovish BoE, Fed caution
By Alun John, Naomi Rovnick and Samuel Indyk LONDON (Reuters) – The Bank of England wrapped up a big year of central bank rate cuts by keeping rates steady on…
Bank of England splits on rates outlook as it keeps borrowing costs on hold
By David Milliken and Suban Abdulla LONDON (Reuters) -Bank of England policymakers split over whether to cut interest rates on Thursday with more officials than expected seeking to help the…
Fed’s hawkish cut fires up rate hike debate: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -The end of the Federal Reserve’s interest rate-cutting cycle is suddenly in sight, and a complete U-turn with rate hikes next year can no…
ECB should continue small rate cuts, Patsalides tells Reuters
Investing.com — The European Central Bank (ECB) should maintain a strategy of implementing small, gradual interest rate cuts, according to Cypriot policymaker Christodoulos Patsalides. He expressed his views on Thursday…
Cautious Fed enters new phase as focus swings back to inflation
Investing.com — The Federal Reserve reduced its benchmark interest rate by 25 basis points on Wednesday, marking the third consecutive cut but signaling caution about the pace of future reductions.…
Putin on Trump, the Ukraine war and Russia’s economy
MOSCOW (Reuters) – Following are some of the key quotes from Russian President Vladimir Putin’s annual phone-in and news conference. ON TRUMP Well, first of all, I don’t know when…
Putin says Russia’s economy is overheating, inflation is worrying
By Gleb Bryanski and Vladimir Soldatkin MOSCOW (Reuters) – The Russian economy is showing signs of overheating which is stoking worryingly high inflation, President Vladimir Putin said on Thursday. Addressing…
No need for ECB to start stimulating growth, Patsalides says
By Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank should keep cutting interest rates by small increments and there is no need to ease policy to a level that…