Swiss central bank cuts rates by a quarter point
European Central Bank Cuts Rates for Second Time in Three Months
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy.
Swiss central bank cuts rates by a quarter point in third trim this year
The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate down by 25 basis points to 1.0%. The reduction comes amid subdued domestic inflation and a rally in the Swiss franc.
European Central Bank is likely to cut once more in December
Our central scenario still has the ECB holding its deposit rate at 3.5 per cent in October and cutting to 3.25 per cent in December, but we have recalibrated the probability of back-to-back cuts in light of recent policymaker comments suggesting that the chance of additional easing is higher.
Czech central bank cuts its key interest rate to 4.25%
The Czech Republic’s central bank has cut its key interest rate for the seventh time in a row as inflation remains low and amid the economy’s slow recovery.
Column-Swiss vignette in central banking 'plus ca change': Mike Dolan
The fashionable idea that the world economy has arrived in a new more inflationary regime post-pandemic may ring hollow in Switzerland - one small vignette questioning how durably things have changed for the world's big central banks.
Swiss Central Bank Delivers Third Straight Rate Cut
Switzerland’s central bank cut its key interest rate for the third straight meeting as it pivots away from worries about high inflation toward concerns about the impact of a strong currency on exporters.
European Central Bank cuts benchmark rate by a quarter point as inflation declines
With inflation subsiding, the European Central Bank is expected to cut interest rates again on Thursday to prop up tepid growth with lower borrowing costs for companies and home buyers. The U.S. Federal Reserve likely won't be far behind in joining the rate-cutting process.
Orcel, the Dealmaker Determined to Redraw Europe's Banking Map
In his latest battle, Commerzbank's incoming CEO Bettina Orlopp has pledged to keep the bank independent and trade unions to ...
Cryptopolitan on MSN3d
European Central Bank campaigns for digital euro adoption
The European Central Bank (ECB) is pushing for the adoption of digital euro stressing it will bolster Europe’s ...
News Tribune14d
Inflation’s down, European Central Bank has cut rates again
FRANKFURT, Germany (AP) -- With inflation subsiding, the European Central Bank cut interest rates again Thursday to ...
European markets edge lower as China stimulus rally fades; Sweden's central bank cuts rates
European stocks were slightly lower Wednesday, paring gains from the previous session on the back of Chinese stimulus ...
The Tech Report3d
Digital Euro Adoption – European Central Bank Names Key Benefits
At the European Parliament’s Economic Affairs Committee hearing ... including consumers, retailers, banks and non-bank associations. Piero Cipollone A digital euro will not replace cash but will ...
Central Banks Are Top of Mind Across the Atlantic. European Stocks Slide.
Monetary policy is top of the agenda for European investors today. Sweden's Riksbank followed the Federal Reserve's lead by slashing interest rates and signaling further cuts could be on the agenda, ...
European Investment Bank to provide Ukraine with funds for construction of water supply system in Mykolaiv
Ukraine has reached previous agreements with the European Investment Bank (EIB) to raise funds to construct a water extractor ...
Deutsche Bank says now expects a faster ECB rate-cutting cycle
Deutsche Bank said on Thursday it now anticipated a faster European Central Bank rate-cutting cycle, with back-to-back ...