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Trump Pressures Fed As ECB Delivers 7th Straight Rate Cut
Thursday, April 17, 2025 - 9:00am | 621The European Central Bank cut interest rates for the seventh straight time Thursday, lowering its key rate to 2.25% in a move anticipated by President Donald Trump, who seized the moment to launch a fresh attack on Fed Chair Jerome Powell. In a post published Thursday morning on Truth Social, Trump...
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European Central Bank Cuts Interest Rates Marking Sixth Cut In 9 Months
Thursday, March 6, 2025 - 9:53am | 389The European Central Bank on Thursday cut interest rates as expected and acknowledged that monetary policy is becoming "meaningfully less restrictive." The Details: The Governing Council lowered its three key interest rates by 25 basis points, bringing the deposit facility rate to 2.50%, the main...
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EXCLUSIVE: Bitcoin Has 'Capacity' To Become Legal Tender In Europe, Says EU Member Of Parliament Sarah Knafo: 'I Am Going To Fight The Digital Euro' And The Totalitarian ECB
Sunday, February 16, 2025 - 9:30am | 848Within the first week of his inauguration, President Donald Trump signed an executive order that included a directive to evaluate the creation of a "strategic national digital assets stockpile." The Federal Reserve has also shunned plans to create a central bank digital currency, setting a...
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Producer Inflation Rises More Than Expected To 3% In November: All Eyes On The Fed's Interest Rate Call
Thursday, December 12, 2024 - 9:48am | 518The inflation measured on U.S. producer prices rose more sharply than anticipated in November, marking its second consecutive increase and casting a shadow over the broader outlook for disinflation in the economy. In November, the producer price index increased by 3% year-over-year — the highest...
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German Commercial Property Market Is 'Source Of Elevated Risk'
Friday, November 22, 2024 - 8:33am | 1418The Germany commercial property market "remains a source of elevated risk," one that financial regulators are monitoring closely after a rapid succession of interest rate increases hit property values. "The financial system is facing acute challenges due to geopolitical tensions and a weak economy...
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Trump Presidency Raises Concerns About European Recession
Thursday, November 7, 2024 - 2:50pm | 2076A Trump presidency has raised concern in Europe that a new round of tariffs under his administration will cause a economic recession in Europe. A trade war during Trump's four-year term would also increase the probability of the European Central Bank (ECB) cutting rates faster to spur growth....
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French Central Bank Governor Cautious About Eurozone Inflation Falling Below ECB Target
Friday, October 18, 2024 - 1:35pm | 1072The European Central Bank (ECB) may need to adjust its monetary policy to manage the risk of eurozone inflation falling below its 2% target rather than exceed it, the French central bank governor François Villeroy de Galhau said today. To stimulate a lagging economy, the ECB cut on Thursday...
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EUR/USD Hits Three-Week Low Amid ECB Easing Expectations
Friday, October 4, 2024 - 11:18am | 502By RoboForex Analytical Department The EUR/USD pair has descended to 1.1027, marking its lowest point in three weeks. The drop reflects market anticipation that the European Central Bank (ECB) will continue to ease monetary policy aggressively, spurred by sluggish economic growth and inflation...
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Geopolitical Risks May Be Biggest Threat To Markets, BoE Says
Wednesday, October 2, 2024 - 1:04pm | 1121Geopolitical risks may be the biggest threat to global markets, the Bank of England (BoE) warned on Wednesday. "Global vulnerabilities remain material, as does uncertainty around the geopolitical environment," the BoE said. “Markets remain susceptible to a sharp correction.” The BoE...
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European Stock Gains May Falter On Geopolitical, Economic Fears
Monday, September 30, 2024 - 10:06am | 1409Gains in European equities may falter on geopolitical and economic fears after receiving a boost from China's stimulus plans and slowing inflation. The Euro Area Stoxx 600 gained 2.69% in the week ending September 27 to a record, extending its year-to-date climb to 10.1%. Germany's DAX40 closed the...
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European Inflation Drop Raises ECB Rate Cut Chances
Friday, September 27, 2024 - 1:13pm | 993European inflation reported in France and Spain slowed in September below the European Central Bank's (ECB) target rate of 2%. This has raised chances of an ECB interest rate cut at its meeting next month. France's Harmonized Consumer Price Index slowed to 1.5% in September, from 2.2% in August,...
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EUR/USD Gains As Fed Meeting Approaches
Monday, September 16, 2024 - 9:42am | 521By RoboForex Analytical Department EUR/USD is showing signs of strengthening, currently trading around 1.1088 on Monday. The pair saw significant gains at the end of last week, driven by mounting speculation over the Federal Reserve's upcoming interest rate decision. The US dollar weakened in...
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Human-Like Reasoning 'Strawberry' Ahead, Aggressive Nvidia Buying, Hotter Inflation Data
Thursday, September 12, 2024 - 11:01am | 1867To gain an edge, this is what you need to know today. Human-Like Reasoning AI Ahead Please click here for an enlarged chart of NVIDIA Corp (NASDAQ:NVDA). Note the following: This article is about the big picture, not an individual stock. The chart of NVDA is being used to illustrate the...
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Gold Reaches Record High As Dollar Weakens On Soft Producer Inflation Data; Wall Street Eyes Fourth Day Of Gains
Thursday, September 12, 2024 - 9:32am | 588A broadly softer-than-expected U.S. producer inflation report triggered market shifts on Thursday, driving down the value of the dollar and Treasury yields while boosting gold prices to a new all-time high. Meanwhile, U.S. equity futures ticked upward, signaling a potential fourth consecutive...
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Top Economist Says ECB Will Kickstart Global Rate Cuts, Warns Investors Of Increased Volatility In Coming Months
Thursday, September 12, 2024 - 4:54am | 838The European Central Bank will likely kickstart coordinated rate cuts by global central banks, said an economist, as he weighed in on the implications of the move. Rate Cuts Back? ECB’s Governing Council is scheduled to announce its interest rate decision at 8:15 a.m. EDT following a meeting...