ECB’s Schnabel Sees Only Limited Room for Further Rate Cuts
The European Central Bank needs to be wary of cutting interest rates too far as borrowing costs are already near a level that no longer restrains the economy and going lower could backfire, according to Executive Board member Isabel Schnabel.
Interest rates are nearing neutral territory, ECB's Isabel Schnabel has said, backing gradual cuts amid persistent inflation.
US Dollar Index drops to 105.615, its steepest weekly loss in 4 months, as inflation data and Fed policy shifts dampen ...
LONDON/SINGAPORE (Reuters) -European shares ticked up on Thursday after falling the previous day, while Asian stocks slipped, ...
EUR/USD rises 0.81% to 1.0574, recovering from recent losses, after ECB’s Isabel Schnabel urges caution on accommodative ...
Markets have fully priced in a 25 basis point interest rate cut from the ECB in December, which would mark its fourth cut of ...
Global stock markets rallied on Friday, with Wall Street crowning November with its biggest monthly gain in a year on ...
EUR/USD trades marginally higher on the day at around 1.0550 in the European session. The data from the Eurozone showed that the annual HICP inflation rose to 2.3% in November from 2% in October, as ...
( MENAFN - ING) USD: market opens after Thanksgiving but limited activity expected ...
NEW YORK (Reuters) -The yen jumped to a six-week high against the dollar on Friday after faster-than-expected inflation in ...
EUR/USD drops on Thursday as the US Dollar (USD) recovers after a weak Wednesday. However, the near-term outlook of the Euro ...
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