Easing come. Easing go.
FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo
In Europe, meanwhile, a changing of the guard at a deeply divided ECB likely means that its September rate cut will not be followed in the near future, with their focus instead being on jawboning the trading bloc’s political leaders to step up their own efforts at stimulus. The dispute, initiated by U.S. President Donald Trump, is in a state of detente as the two sides work to complete “Phase One” of a wider deal. But the erratic American president has abruptly changed stance before and may again.
The ECB has restarted a 2.6 trillion euro bond-buying program after cutting its interest rate on deposits in September. Back then investors were betting on two further rate cuts by March of next year, but have since pared their expectations as deep divisions emerged among ECB policymakers on the path ahead.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Easing winds give firefighters a break in California wildfire battleFirefighters made headway in containing wildfires in southern California after the dry winds that fueled the wildfires eased on Friday morning
Lire la suite »
Hot Property: Tyga goes big in Bel-AirHip-hop star Tyga has leased a newly built home in Bel-Air for $58,000 a month. Also: Craig T. Nelson is selling his Hawaii haven; new Clipper Mo Harkless scores a new spot; and a John Lautner-designed home with celebrity ties comes to market.
Lire la suite »
People Are Staying in Their Homes Longer—a Big Reason for Slower SalesHomeowners nationwide are remaining in their homes on average 13 years, five years longer than they did in 2010, according to a new analysis.
Lire la suite »
Glen 'Big Baby' Davis Warns Zion Williamson, Being Your Size Cost Me My Career!Big Baby says the Pelicans star needs to lose weight ASAP.
Lire la suite »
Evan Spiegel Stands By the Big Bet That Sank Snap’s StockWith shares rebounding, the CEO defends last year’s polarizing redesign: ‘You’re seeing a lot of investments we made--some of which were quite controversial--start paying off.’
Lire la suite »
A Year After Her Big Split, Kaitlyn Bristowe Is Doing Just FineJust one year ago, Kaitlyn Bristowe was mourning her breakup with Shawn Booth. These days, with live-in boyfriend Jason Tartick at her side, we're thinking she's feeling good about her decision.
Lire la suite »