Eurozone Inflation Slows to 1.8%, Bolstering Bets on Faster Rate Cuts
Investors now expect the European Central Bank to lower interest rates at its next meeting in October.
Posted inBank of England Economic Conditions and Trends European Central Bank Federal Reserve System Inflation (Economics) Interest Rates
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, have taken a more cautious approach.
Posted inBank of England Bank of Japan Banking and Financial Institutions European Central Bank Federal Reserve System Inflation (Economics) Interest Rates Regulation and Deregulation of Industry Swiss National Bank
Central Banks Around the World Are Cutting Rates
Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.
Posted inBanking and Financial Institutions European Central Bank Eurozone Inflation (Economics) Interest Rates
European Central Bank Cuts Rates for Second Time in Three Months
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy.