The European Central Bank (ECB) is unlikely to cut its key interest rate this week. However, there are signs of a trend reversal in loan interest rates. Getty Images The European Central Bank (ECB) will decide on key interest rates for the first time in the new year this Thursday. ECB boss Christine Lagarde has … Read more
The European Central Bank (ECB) believes that the European financial markets are in a fragile state due to the rapidly rising interest rates. “The weak economic outlook and the consequences of high inflation are weighing on the ability of people, companies and governments to service their debts,” ECB Vice President Luis de Guindos said on … Read more
The latest economic data showed that inflation remains higher than the Fed’s target, but is weakening – and economic growth is high at the same time. From the point of view of some experts, this is a rather unusual situation. Powell called the U.S. economy “surprisingly robust.” GDP rose by 4.9 percent in the summer … Read more
WASHINGTON (dpa-AFX) – The US Federal Reserve will announce its decision on the further course of monetary policy on Wednesday (7 p.m. CET). Analysts expect the central bank of the world’s largest economy to leave key interest rates unchanged for the second time in a row. This would keep it in a range of 5.25 … Read more