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ECB Delivers Its First Rate Cut in Five Years
US News & World Report· 1 day agoIt lowered its record-high deposit rate by 25 basis points to 3.75%, but raised its inflation forecast for this year and the next. The ECB stressed any further rate ...
Lagarde Comments at ECB Press Conference
US News & World Report· 1 day agoThe European Central Bank cut borrowing costs from record highs on Thursday, acknowledging progress in its battle against high inflation but also signalling that fight had ...
Canadian Dollar Outlook Dims on Expected Interest Rate Divergence
US News & World Report· 2 days agoThe Canadian dollar is set to strengthen less than previously expected over the coming year if the Bank of Canada begins cutting interest rates ahead of the Federal Reserve ...
Euro Steadies Ahead of ECB Decision, Dollar Dips
US News & World Report· 2 days agoFederal Reserve easing cycle expected this year. The Canadian dollar edged slightly higher, trimming some losses from the previous session, after the Bank of Canada became ...
India Bonds Still a 'Buy' for Foreign Investors Despite Post-Election Policy Uncertainty
US News & World Report· 2 days agoIndia's government bonds will continue to attract foreign flows even as a narrower-than-expected victory margin for Prime Minister Narendra Modi-led alliance could prompt a shift in policy, ...
Philippine CPI Rises for Fourth Straight Month in May
US News & World Report· 3 days agoEconomists in a Reuters poll had forecast annual inflation at 4.0%. The Bangko Sentral ng Pilipinas (BSP) said last month's data was consistent with its expectations that inflation could accelerate ...
Morning Bid: Dip Buying Persists, Canada Set to Ease
US News & World Report· 2 days agoAny investor trepidation about a slowing U.S. economy is once again being offset by renewed interest rate cut hopes - seeing the third day in row that Wall St stocks have ...
Morning Bid: Rate Cut Wagers Fire up (Again)
US News & World Report· 3 days agoEuropean stock markets are set for a higher open, futures indicate, with the continent-wide STOXX 600 hoping to shrug off Tuesday's drop ahead of PMI data from the euro zone, France and Germany ...
Asian Stocks Rise on Rate-Cut Wagers; Spotlight on India
US News & World Report· 3 days agoAsian stocks rose on Wednesday, while the dollar was steady as a softening U.S. labour market firmed up bets of an interest rate cut in September from the Federal Reserve ...
The Motley Fool: Try on Nike stock for size
Dallas Morning News· 5 days agoNike stock slumped after its third-quarter earnings report, which featured weak revenue growth and disappointing projections. The stock’s value has...