Have inflationary pressures eased sufficiently for central banks to start cutting interest rates? Cherry Reynard takes a closer look In recent days, both the US Federal Reserve and – more surprisingly – the Bank of England have chosen to leave interest rates on hold. While both central banks have issued stern words about the need for caution and said […]
Eurozone interest rates could remain at restrictive levels for “quite some time” – by Lauren Hardy The European Central Bank’s decision to hike rates for the 10th consecutive time today (14 September) could tip the EU “further into recessionary territory”, according to some investment professionals, who warn the bloc’s financial squeeze could intensify in Q4 2023 […]
Investors focused on what course the ECB will take after its September meeting
The European Central Bank (ECB) has raised its three key interest rates by 25 basis points each as it works to bring inflation under control. Announcing the move, which follows rises of the same amount in March, May and June this year, the ECB said: “While some measures show signs of easing, underlying inflation remains […]
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