ECB’s Stournaras advocates for gradual interest rate cuts to near 2% by year-end- report
Investing.com — Yannis Stournaras, a member of the European Central Bank’s Governing Council, has advised that the bank should continue to gradually reduce interest rates, with a goal to bring them close to 2% by the end of the year.
Norwegian and Swedish central banks seen ending easing cycle by mid-year
Investing.com — Analysts from Nordea Bank Abp (OTC:NRDBY) predict that the central banks of Sweden and Norway will end their current easing cycle within the next six months. This comes as an expected rebound in domestic demand is anticipated across
Analysis-Trump whisperer? Italy’s Meloni navigates a high-stakes relationship
By Crispian Balmer ROME (Reuters) – He hails a fantastic woman sweeping all before her in Europe. She praises a strong and shrewd defender of the West. Donald Trump and Giorgia Meloni are fast forging a new transatlantic “special relationship”. Italian
Bank Negara Malaysia maintains policy rate, anticipates steady economy in 2025
Investing.com — Bank Negara Malaysia (BNM) has once again opted to keep its main policy rate steady at 3.0%. This decision aligns with the anticipations of 30 economists, who predicted no changes to the policy rate. The rate in Malaysia
UK chancellor faces challenges amid high borrowing, slowing GDP growth: analyst
Investing.com — The UK Chancellor is facing significant challenges due to an overshoot in the country’s borrowing and a backdrop of slowing GDP growth and high interest rates, according to Capital Economics. The recently released figures for December have shown