The Manila Times on Nostr: ECB to start cutting, diverging from US Fed ========== The European Central Bank ...
ECB to start cutting, diverging from US Fed
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The European Central Bank (ECB) is expected to start cutting interest rates from record highs, its first reduction in nearly five years. After a streak of eurozone rate hikes to tame runaway energy and food costs, inflation has been slowly coming down toward the ECB's 2-percent target. The path ahead is uncertain due to volatile inflation. The article is from The Manila Times and was published on June 7, 2024.
#Ecb #InterestRates #Inflation #Eurozone #UsFed
https://www.manilatimes.net/2024/06/07/business/top-business/ecb-to-start-cutting-diverging-from-us-fed/1950324
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The European Central Bank (ECB) is expected to start cutting interest rates from record highs, its first reduction in nearly five years. After a streak of eurozone rate hikes to tame runaway energy and food costs, inflation has been slowly coming down toward the ECB's 2-percent target. The path ahead is uncertain due to volatile inflation. The article is from The Manila Times and was published on June 7, 2024.
#Ecb #InterestRates #Inflation #Eurozone #UsFed
https://www.manilatimes.net/2024/06/07/business/top-business/ecb-to-start-cutting-diverging-from-us-fed/1950324