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Latest Economic News

ECB: two more rate cuts this year will be quite reasonable

June, 26 2024

The head of the central bank of Finland and a member of the ECB governing Council, Olli Rehn, said that he believes investors' expectations about two rate cuts by the end of the year are justified, which will reduce the cost of borrowing to 2.25% by 2025.In his interview, Ren also noted that officials should return inflation to 2%, without curbing excessive economic activity.«Market data points to two upcoming rate cuts, which will lead to a level of 3.25% by the end of this year and about 2.25-... Read More

Latest Economic News

ECB: two more rate cuts this year will be quite reasonable

All News

The ECB still intends to raise rates by 50 bps each time until the summer

The price of Brent exceeded $87 per barrel after the publication of the IEA report

Sweden plans to promote the EU's transition to «green» energy

The price of gas in the EU has dropped to $600/thousand cubic meters

Inflation in Germany slowed to 9.6% in December

Economic calendar | January 16 – 20

Oil is getting cheaper after last week's strong growth

Opening up China's economy will be a key factor for emerging markets

Germany's GDP grew by 1.9% in 2022

Copper ends the week with strong growth

Harker: The Fed should raise the rate slightly above 5% and take a break

The trade turnover between Russia and China in 2022 broke a record

Gold exceeded $1900 amid the inflation data in the United States

Brent continues to grow steadily

Apple intends to use its own custom displays in 2024

The Egyptian pound has fallen to a historic low

The US Federal Reserve promised a further rate hike

G7 wants to introduce two price ceilings for Russian oil products

Emerging markets shares have risen by 20% since the October low

Morgan Stanley: the US stock market may collapse by 22% in a recession in 2023

World central banks bought 50 tons of gold in November

India and Sri Lanka will start trading in Indian rupees

Alibaba shares jumped 9% on the background of the NBK statement

Oil exceeded the level of $81 per barrel

Medicine can become a top field for the use of VR technologies

FTSE 100 hits nine-month high

Oil started to grow after a sharp drop the day before

Publication of the December FOMC meeting minutes

Business activity in the US manufacturing sector fell to the lowest since May 2020

The Bank of Japan intends to maintain a soft monetary policy