Economy
Fed done raising rates; risk is for expected Q2 cut to be delayed - Reuters poll
The U.S.
April 26, 2024Your subscription includes
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The U.S.
April 26, 2024The U.S.
July 02, 2024– The European Central Bank will pause a more than year-long rate-hiking campaign in September, according to a narrow majority of economists polled by Reuters, but a further rise by year-end is still on the cards with inflation running hot. There have been nine consecutive ECB rate rises since July 2022. But bank President Christine Lagarde began paving the way for a pause by telling a news conference after last month’s 25 basis point hike: “Do we have more ground to cover? At this point in time I wouldn’t say so.” Faced with slowing activity
August 11, 2023