The ECB has become "the central bank to be followed," one central bank governor said.
Geopolitical risk is the biggest threat to a prospective June rate cut from the European Central Bank, according to ECB policymaker Robert Holzmann.
The People's Bank of China (PBoC) announced on Monday it will keep its one-year loan prime rate (LPR) unchanged at 3.45%. Additionally, the bank's five-year loan prime rate remained at 3.95%,
The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
Most of this week has been dominated by discussions about when the Bank of England will start cutting interest rates.
Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last monthThe prospects of a summer cut in UK interest rates have receded after the Bank of England’s chief economist said inflation must be squeezed out of the economy and cautioned against cutting too soon.After a key survey signalled strong sales across the private sector over the past month and the London stock market rose to a record high, Huw Pill said concerns remained that inflation, which is...
Prologis trims its 2024 earnings guidance as high interest rates and geopolitical concerns lead to a slower pace of leasing. Q1 earnings match consensus, and NOI was hurt by one-time items.
The Bank of England 's governor last night forecast another big drop in inflation after it fell to the lowest level since September 2021.
Several ECB officials have made remarks about their expectations for interest rates in recent days.
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
The Judo Bank is now forecasting the Reserve Bank will raise interest rates three times in 2024. This would see borrowers paying the highest rates in almost 16 years.
Judo Bank now predicts the Reserve Bank will raise interest rates three times in 2024 to levels not seen in 16 years - increasing the average mortgage repayment by $300 a month.The bank's chief economic adviser, Warren Hogan, forecast the key interest rate will rise to 5.1 percent by Christmas, from a 12-year high of 4.35 percent. Rate hikes in August, September and November this year would see the Reserve Bank of Australia's key interest rate reach levels last seen in December 2008 during the...