US Federal Reserve
Stournaras says consensus building in ECB for a June rate cut
European Central Bank policymaker Yannis Stournaras said on Tuesday that consensus was building within the European Central Bank for a rate cut in June, if inflation develops as projected.
Gold Hits Record Highs on Federal Reserve's Rate Cut Hints
The price of gold has shattered through a historic barrier, reaching an unprecedented level of $2,200 per troy ounce, following confirmation by the Federal Reserve of three anticipated interest rate reductions this year.
Bank of Japan finally ends negative interest rate policy
Japan's central bank on March 19 scrapped its negative interest rate as it finally began unwinding one of the world's most aggressive monetary easing programs.
The maverick policy dating back to 2013 was aimed at jump-starting economic growth and inflation after the country's "lost decades" of stagnant activity and prices in the world's number four economy.
Stournaras: ECB must cut rates twice before August
The European Central Bank must lower borrowing costs twice before its August summer break and two more times before the end of the year, without being swayed by the US Federal Reserve, Bank of Greece chief Yannis Stournaras has said.
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Stournaras to Bloomberg: European Central Bank must cut interest rates twice before the summer holidays
ECB should not be influenced by Fed's moves, BoG governor says during London interview - "Real wages will only reach pre-pandemic levels in 2025" - What he said about the possibility of interest rates returning below 2 percent
Bulgaria Ranks Third in Europe for Gold Ownership Amidst Record Prices
Bulgaria emerges as a surprising leader in the realm of gold ownership, securing its position among the top three countries in Europe per capita, as revealed by financial expert Max Baklayan in an interview with BNR.
Can America survive a party of saboteurs?
Almost four years have passed since Congress approved and Donald Trump signed a huge relief bill designed to limit the financial hardship created by the Covid-19 pandemic. The CARES Act did its job.
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US Fed officials urge patience on interest rate cuts
Two US Federal Reserve officials indicated Wednesday that the nation's central bank is on track to tackle inflation, but that it is still too soon to begin lowering interest rates.
Economic program works, helping lower inflation, says Şimşek
The economic program the government is implementing is working and yielding results, Treasury and Finance Minister Mehmet Şimşek has said, noting that the monthly inflation is declining.
ECB to signal no rush to cut interest rates
European Central Bank (ECB) policymakers are expected to keep interest rates steady on Jan. 25 and signal they are in no hurry to start slashing borrowing costs despite progress against inflation.
The Frankfurt institute is tipped to pause for the third meeting in a row following a historic run of hikes to tame runaway prices, leaving the benchmark deposit rate at 4 percent.
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