The European Central Bank (ECB) is set to cut interest rates for the first time since 2020.
The European Central Bank is set to cut interest rates for the first time since 2020. EUR/USD traders are focused on what ECB President Christine Lagarde's signals toward the July decision, new growth and inflation forecasts. Live coverage of the June 2024 ECB decision. FXStreet Premium allows subscribers to participate in the coverage and ask analysts questions live.
Moreover, as the second-largest central bank, policymakers in Frankfurt have an impact on assets beyond the common currency, such as the Pound, Gold, and broader stock markets. With inflation falling to below 3%, hawks have joined doves in the ECB, supporting an initial rate cut. There is uncertainty about the next decisions.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European Central Bank heads for first rate cut since 2019: Live updatesMoney markets have fully priced in a 25 basis point move lower at the June gathering, and any other outcome will present a shock.
Read more »
European Central Bank heads for first rate cut since 2019: Live updatesMoney markets have fully priced in a 25 basis point move lower at the June gathering, and any other outcome will present a shock.
Read more »
European markets higher on more earnings reports; Sweden's central bank cuts ratesEuropean markets were higher Wednesday as investors digested more earnings reports in the region.
Read more »
The time is ripe to cut interest rates next week, European Central Bank's Rehn says'Thanks to this disinflationary process ... the time is thus ripe in June to ease the monetary policy stance and start cutting rates,' the ECB's Olli Rehn said.
Read more »
European Central Bank set to cut rates for the first time since 2019It will mark the official end to the record fast-hiking cycle that begun after the Covid-19 pandemic as inflation soared higher.
Read more »
European Central Bank set to cut rates for the first time since 2019It will mark the official end to the record fast-hiking cycle that begun after the Covid-19 pandemic as inflation soared higher.
Read more »