The Latest Breaking News from ECB

Pound hits $1.27 as Bank of England pushes back against rate cut predictions – business live

BoE insists that monetary policy must remain restrictive for ‘an extended period’, after money markets anticipated five rate cuts in 2024

The Guardian - UK · Dec 14, 2023

With inflation down, people are talking rate cuts. The European Central Bank may say not so fast

The inflation plaguing European shoppers has fallen faster than expected

The Independent UK · Dec 14, 2023

City slickers, Spanish kisses, failing cricketers – 10 things we learned in 2023

England endured a miserable cricket World Cup but Sarina Wiegman’s Lionesses came so close to glory in Australia and New Zealand.

The Independent UK · Dec 14, 2023

US Fed Pause Expected Amid Flurry Of Rate Decisions

The US Federal Reserve will likely hold its key lending rate at a 22-year high on Wednesday -- the first of a series of crucial central bank decisions this week.

International Business Times · Dec 13, 2023

US Fed Kicks Off Rate Meeting With Another Pause Expected

The US Federal Reserve began a two-day interest rate meeting Tuesday at which policymakers are widely expected to hold rates steady for a third straight meeting as they continue the fight against high inflation.

International Business Times · Dec 12, 2023

Dollar Is Undercut by Dovish U.S. CPI Report

The dollar index (DXY00 ) on Tuesday fell by -0.22%. The dollar was undercut ahead of the results of the Tue/Wed FOMC meeting, where hopes have risen for the Fed to signal that it will start cutting interest rates next year. The dollar was also undercut by Tuesday’s decline in...

Barchart · Dec 12, 2023

Stocks Slightly Higher on Benign U.S. CPI Report

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.22%. Stocks this morning are posting modest gains, with the...

Barchart · Dec 12, 2023

Markets Today: Stocks Gain on Friendly U.S Nov CPI Report

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.17%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.31%. Stock index futures this morning are moderately higher after the U.S. Nov CPI report matched expectations and eased slightly, bolstering speculation the Fed will start cutting interest...

Barchart · Dec 12, 2023

England blindsided as Jofra Archer makes shock outing for Barbados side

The quick has not played since March because of injury

Evening Standard · Dec 12, 2023

Dollar Firms Ahead of Tuesday’s U.S. CPI Report

The dollar index (DXY00 ) on Monday rose by +0.08% but remained below last Friday’s 3-week high. Higher T-note yields on Monday supported the dollar. Also, weakness in the yen on Monday was positive for the dollar on a report that the BOJ is in no hurry to end negative...

Barchart · Dec 11, 2023