US and European interest rate cuts hang in the balance ahead of crunch week Economics Key economic figures in the US and Europe are set to give investors clues on how much further both regions' central banks could go in cutting interest rates this year.
ECB cuts interest rates again as inflation continues to fall Economics The move means the main interest rate was reduced by 25 basis points to 3.25 per cent, down from a peak of four per cent which was reached last September.
ECB cuts interest rates again as inflation continues to ease Economics Despite the cut, interest rates remain in restrictive territory in the eurozone, meaning monetary policy is still bearing down on inflation and slowing growth.
Meet the fund managers: Euro bond hunting with conviction September 9, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Neil Mehta, manager of the RBC BlueBay Investment Grade Euro Aggregate Bond Fund. How does your fund stand out from others in the same market? We embrace a truly active mindset unlike many [...]
Jackson Hole highlights: Powell’s cutting rates, Bailey’s lifting weights August 26, 2024 Central bankers from all over the world descended on the small Wyoming town of Jackson Hole last week for a session of ruminating, speculating and pontificating. Here are the four main takeaways from the annual central banking shindig.
Eurozone inflation rises unexpectedly but September rate cut still on July 31, 2024 Figures released today showed that prices rose 2.6 per cent in July, ahead of the 2.5 per cent expected by economists.
Eurozone grows faster than expected but Germany faces recession threat again July 30, 2024 The eurozone grew slightly faster than expected in the second quarter, but Germany slumped back into contraction as Europe’s largest economy faced the threat of recession again. Figures released today by Eurostat showed that the eurozone grew 0.3 per cent in the second quarter, matching the pace of growth in the first quarter and slightly [...]
ECB leaves rates unchanged but investors left guessing on next steps July 18, 2024 The ECB voted to leave interest rates on hold.
European Central Bank set to cut interest rates despite inflation worries June 2, 2024 The European Central Bank is all but certain to be the first major central bank to cut interest rates this week as it shrugs off a rise in inflation and takes a different path in monetary policy from the UK and US.
Pound Sterling climbs to it highest level against the euro since August 2022 May 29, 2024 The pound hit its highest level against the euro since August 2022.