ECB’s Rehn says inflation confidence will allow for rate cuts
FRANKFURT (Reuters) – European Central Bank interest rates will keep falling as policymakers are confident that inflation will stabilise at the bank’s 2% target, Finnish central bank chief Olli Rehn said on Wednesday. “We are now confident that inflation will stabilise
Israel central bank chief says 1-2 rate cuts possible in 2025 if inflation cooperates
By Brad Haynes DAVOS (Reuters) – The Bank of Israel could reduce short-term interest rates one or two times in the second half of 2025 as long as inflation moves back below 3%, Governor Amir Yaron said on Wednesday. Yaron said that
GM recalls over 2,000 Chevrolet Equinox electric vehicles
(Reuters) -The National Highway Traffic Safety Administration said on Wednesday that General Motors (NYSE:GM) is recalling about 2,890 Chevrolet Equinox EV vehicles due to concerns about their adaptive cruise control. The recall affects certain 2025 Chevrolet Equinox EV all-wheel drive
NZ inflation data signals RBNZ rate cut likely – Capital Economics
Tuesday’s release of New Zealand’s consumer price index (CPI) data for the fourth quarter of 2024 showed that underlying inflation continues to soften, aligning with expectations and potentially setting the stage for a rate cut by the Reserve Bank of
DP World says sea freight prices could fall 20% if Red Sea attacks curbed
By Elisa Martinuzzi DAVOS, Switzerland (Reuters) – Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World’s deputy chief executive said, adding that could see freight prices “come crashing down”. Sea freight