Rate cuts are coming from the European Central Bank and the Fed. Experts say the pace will be mild
Thursday, 12 September 2024 () Inflation's down and growth is mediocre in Europe. And that means the European Central Bank will likely cut interest rates on Thursday. A rate cut might help growth that's slower than many would like. The bank can do that because inflation seems to be more and more under control at only 2.2% in August. Experts are saying there probably won't be a rapid series of further cuts. Instead, the ECB will make sure inflation is going to fall to its 2% target and stay there.
The European Central Bank (ECB) has cut its key interest rates as the markets expected, marking its second reduction this year following a move in June.
Bitcoin's fate hangs in the balance! If the price doesn't hold above $60,000, it could trigger a market meltdown. But there's a glimmer of hope: Fed rate cuts might be on the..
Russia’s central bank raised its key interest rate Friday, despite warnings against such a move from some business elites within the country. Veuer’s Matt Hoffman reports.
Thursday, 12 September 2024 ()
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