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The European Central Bank is set to lower interest rates for a fifth meeting as inflation that’s nearing the 2% target lets officials further loosen the shackles on the economy.
Dollar bulls were ready to pounce on the euro on Thursday should the European Central Bank sound dovish on rates later in the day, given the Federal Reserve had pressed the pause button on its easing cycle overnight.
European markets are set for a higher open Thursday as investors await key earnings, and the European Central Bank’s latest monetary policy decision.
The European Central Bank needed to cut interest rates cautiously and gradually but further policy easing was likely coming given weakening price pressures, policymakers concluded last month, according to the accounts of their Dec 11-12 meeting.
The ECB has reinforced its push for a digital euro in response to Trump’s executive order promoting US dollar-backed stablecoins.
Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump's protectionist agenda.
Zalando surges 15.11% on retail strength, boosted by Richemont’s 10% Q3 sales growth; ECB policy in focus today. Eurozone trade data is forecast to rise, potentially fueling speculation about US ...
Bank of Japan Deputy Governor Ryozo Himino said on Thursday that the central bank will continue to raise interest rates if the economy and prices move in line with the bank's forecasts.
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy flatlines.
FRANKFURT (Reuters) - Lending growth to businesses in the 20-nation euro zone accelerated in December, suggesting that a string of interest rate hikes have started to transmit through to the real economy, European Central Bank data showed on Tuesday.