Big Fed cut puts an ECB move next month on traders' radar
A big interest rate cut from the U.S. Federal Reserve on Wednesday raised bets on further policy easing at the European Central Bank in October but this is still not the most likely outcome given different economic realities.
Charting the Global Economy: Fed Goes for Big Rate Cut as BOE Holds
The Federal Reserve kicked off its campaign to lower interest rates with a larger-than-typical half percentage-point cut, while the Bank of England decided against a second consecutive reduction.
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
After Fed rate cut, the next 6 months will be crucial for investors. Here’s why.
The Federal Reserve hit the ground running on Wednesday with a big rate cut to kick off its easing cycle, signaling its seriousness about wanting to fend off any further deterioration in the labor market.
The Fed Just Cut Interest Rates. It May Signal a Big Move in the Stock Market.
The Federal Reserve lowered its benchmark interest rate by half a percentage point, an aggressive start to a new cutting cycle amid cooling inflation and a softening labor market. Historically, the S&P 500 has returned a median of 10% during the 12-month period following the first rate cut in a cycle,
Stocks jump Thursday after Federal Reserve’s jumbo-sized rate cut
Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.
Explainer: ECB's role in any UniCredit and Commerzbank combination
UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to ...
ECB Will Know More in December, But All Options Open, Guindos Says
The European Central Bank will be better informed on the state of the economy and inflation at its final meeting of the year, ...
Rates Spark: ECB Presser Bear-Flattened The Curve
The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve. Prospects of a ...
ECB will have more info in Dec to make rate call but Oct still open, VP says
The European Central Bank will have better quality information in December to make a call on a possible interest rate cut but ...
ECB’s Knot Is Comfortable With Market’s Rate-Cut Expectations
European Central Bank Governing Council member Klaas Knot said he’s comfortable with investor bets on further interest-rate ...
Business & Finance5d
Markets update: ECB cuts interest rates for the second time this year, what does this mean for markets?
In the US, major equity indexes finished the week higher, recovering much of the losses from the week before, writes Ian ...
ECB hopes for more cross border bank consolidation
The European Central Bank is hoping for more cross-border bank consolidation to improve the valuation of lenders and ...
ECB decision: Cuts deposit rate by 25 basis points, signals more to come but questions remain about pace
The European Central Bank, as expected, on Thursday cut its key interest rates, lowering the deposit rate by 25 basis points, or a quarter of a percentage point, to 3.5%. It follows a quarter-point ...
FXStreet9d
ECB Press Conference: Lagarde comments on policy outlook after cutting key rate by 25 bps
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest rate by 25 basis points at the September policy meeting and responds to ...
Euro Edges Higher After ECB Cuts Rates
The euro edged higher and European stocks held gains after the European Central Bank cut interest rates for the second time in three months. The quarter-point reduction, bringing the ECB' ...
ECB decision: Central bank cuts deposit rate by 25 basis points as inflation cools
An uptick in services inflation is clearly requires "very attentive understanding" and monitoring, ECB President Christine Lagarde said, but is expected to subside in 2025. Services inflation in the ...