The European Central Bank raised interest rates for the 10th meeting in a row on Thursday to counter stubborn inflation but signalled that it is likely done tightening policy. The central bank for the 20 countries that use the euro lifted its deposit rate to 4% from 3.75%, taking it to an all-time-high. Markets and economists expect the policy tightening move to be the ECB's last and now anticipate a lengthy pause, followed by rate cuts in the second half of next year.
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commentingMONTREAL — Transat AT Inc. reported its highest net income ever for a third quarter, as it turned a profit for the first time since 2019, prompting a sunnier financial forecast for the year.
TAIPEI, Taiwan — China is promoting new economic opportunities for Taiwanese people while at the same time ramping up military activity around the island it claims as its own. Experts say the “carrots and sticks” approach, which Beijing has employed for years, signals a choice between peaceful “reunification” and military aggression ahead of a Taiwanese presidential election next year.
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.
European Stocks Decline as Stagflation Fears Rise Ahead of ECBEuropean stocks fell on Wednesday as stagflation fears hit sentiment, after reports indicated that the region’s economy was further sinking into a downturn while inflation was set to stay persistently high.
Lire la suite »
European shares edge higher ahead of ECB rate decision(Reuters) - European shares crawled higher on Thursday even as investors maintained a cautious stance ahead of the European Central Bank's rate ...
Lire la suite »
Danish Central Bank Set to Match ECB Rate Hike, Economists SayDenmark’s central bank is set to match the European Central Bank and raise its benchmark interest rate by 25 basis points later on Thursday, according to economists surveyed by Bloomberg News.
Lire la suite »
European Central Bank raises key interest rate to record high, signals end of hikesThe ECB also raised its forecasts for inflation, which it now expects to come down more slowly toward its 2% target over the next two years, while cutting its expectations for economic growth
Lire la suite »
Traders Wager European Central Bank Rate Hikes Are Almost OverMoney markets are betting the European Central Bank is almost done tightening monetary policy after the central bank lifted the deposit rate for a 10th straight time Thursday and signaled rates have now reached a level that will make a “substantial contribution” to bringing inflation under control.
Lire la suite »
Marketmind: Is the ECB done?A look at the day ahead in European and global markets from Tom Westbrook The European Central Bank sets interest rates later today and traders figure we ...
Lire la suite »