Tata Steel accused of ‘industrial vandalism’ over plan to cut up to 2,800 UK jobs – as it happened Tata Steel confirmed plans to close two Welsh blast furnaces and cut up to 2,800 jobs The Guardian - UK · Jan 19, 2024
Trump is ‘clearly a threat’ to Europe, says head of European Central Bank ‘If we should learn lessons from history, from the way he led the first four years of his mandate, it is clearly a threat’ The Independent UK · Jan 12, 2024
Downturn in Euro Zone's Services Sector Expected: ECB Warns Prepare for a possible slowdown in the Euro zone's services sector, as the European Central Bank warns of potential challenges ahead. Stay informed! Top News · Jan 9, 2024
Will Central Banks Cut Interest Rates This Year? Market expectations have increased for global central banks to ease their aggressive monetary tightening campaigns and begin cutting interest rates this year. With inflation pressures expected to continue receding, the Federal Reserve, European Central Bank (ECB), and Bank of England (BOE) are expected to lead the push to lower interest... Barchart · Jan 8, 2024
UK house prices to ‘fall up to 4%’ in 2024; business activity picks up in December – as it happened Halifax says no signs of spike in ‘forced sales’; eurozone heading for recession while UK avoids recession, surveys suggest The Guardian - UK · Dec 15, 2023
ECB Holds Record High Interest; Markets Anticipate 2022 Cuts The European Central Bank plays a tantalizing game of cat-and-mouse, holding key interest rates at a high, while the market anticipates potential cuts! Top News · Dec 14, 2023
ECB Battles Rate Cut Speculation Amid Falling Inflation The suspense unfolds as the ECB faces off against falling inflation, challenged to deter betting on rate cuts. A financial drama not to be missed! Top News · Dec 14, 2023
BoE Pauses, ECB Tipped To Follow As Rate Cut Pressure Mounts The Bank of England held rates steady again Thursday with the European Central Bank expected to follow suit as inflation retreats, shifting investor attention to how fast policymakers will slash borrowing costs in 2024. International Business Times · Dec 14, 2023
Rate Pauses In View On Busy Central Banking Day In Europe The European Central Bank and the Bank of England were on Thursday expected to pause rates again as inflation retreats, while markets cheered the US Federal Reserve's clear signal that it would start slashing borrowing costs in 2024. International Business Times · Dec 14, 2023
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
Will the Rally in Gold Continue? The price of gold today (GCZ23 ) soared to an all-time high of $2,130.2 an ounce on the COMEX exchange before falling back. Gold prices have climbed more than +16% over the past month from a 9-month low on growing speculation that the Federal Reserve and European Central Bank are... Barchart · Dec 4, 2023
Why the Fed should treat climate change's $150B economic toll like other national crises it's helped fight Climate disasters are now costing the United States US$150 billion per year, and the economic harm is rising. The Conversation · Nov 29, 2023
Blackstone head Steve Schwarzman plans to spend billions buying up dorms, warehouses, and data centers across Europe: ‘We have enormous capital and can buy the types of real estate that we like’ The world’s largest owner of commercial real estate is eyeing deals across Europe as interest rates stay high. Fortune · Nov 28, 2023
The Independent UK · Nov 8, 2023 International Monetary Fund warns Europe against prematurely declaring victory over inflation The International Monetary Fund says the European Central Bank and other policymakers across Europe need to keep interest rates at current elevated levels until they’re sure inflation is under control despite sluggish growth
The Independent UK · Oct 31, 2023 Europe's inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished The inflation that has been wearing on European consumers fell sharply to 2.9% in October, its lowest in more than two years as fuel prices fell and rapid interest rate hikes from the European Central Bank took hold
The Guardian - UK · Oct 26, 2023 ECB keeps interest rates steady amid eurozone recession fears Widely expected decision by European Central Bank follows 10 consecutive rises in borrowing costs
The Guardian - UK · Oct 26, 2023 ECB warns eurozone economy ‘remains weak’ after leaving interest rates on hold; US growth accelerates to 4.9% – as it happened Eurozone central bank gives press conference after pausing its cycle of rate hikes, as inflation slows and Europe’s economy weakens
The Independent UK · Oct 26, 2023 Europe's central bank is set to halt rate hikes as the Mideast war casts a shadow over the economy The European Central Bank is likely taking a break from interest rate increases
Barchart · Sep 29, 2023 Will Slowing Eurozone Inflation Allow the ECB to Pause Rate Hikes? Economic news today showed a slowdown in Eurozone consumer prices that may allow the European Central Bank (ECB) to pause its interest rate hiking campaign. Eurozone Sep CPI eased to +4.3% y/y from +5.2% y/y in Aug, better than expectations of +4.5% y/y and the slowest pace of increase in...
The Conversation · Sep 28, 2023 Interest rates: Monetary policy is always political as central banks opt to back the financial sector As the Bank of Canada prepared to announce its decision on interest rates in early September, Tiff Macklem, the bank’s governor, received imploring letters from premiers spanning both the country and the political spectrum.
The Independent UK · Sep 25, 2023 Interest rates will stay high 'as long as necessary,' the European Central Bank's leader says The head of the European Central Bank says interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong.”
Barchart · Sep 19, 2023 S&P Futures Plunge Ahead of FOMC Meeting, Oil’s Climb Raises Inflation Concerns December S&P 500 futures (ESZ23) are trending down -0.51% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.
Barchart · Sep 19, 2023 S&P Futures Tick Lower Ahead of FOMC Meeting, Oil’s Climb Raises Inflation Concerns December S&P 500 futures (ESZ23) are trending down -0.05% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.
Barchart · Sep 19, 2023 S&P Futures Tick Higher Ahead of FOMC Meeting, Oil’s Climb Raises Inflation Concerns December S&P 500 futures (ESZ23) are trending up +0.12% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.