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European Shares Close up After ECB Delivers First Rate-Cut in Five Years
US News & World Report· 2 days agoThe pan-European STOXX 600 closed 0.7% higher, off record high levels hit earlier in the session. The ECB went ahead with its first interest rate cut since 2019, citing progress ...
What do rates mean for you?
Wisconsin State Journal· 6 days agoThe central bank kept its key rate at a two-decade high of roughly 5.3%, where it has been since last August. Credit card rates are at or near...doubled...
Analysis-Lagarde Faces Tough Time 'In Charge' of ECB's Message
US News & World Report· 19 hours agoEuropean Central Bank chief Christine Lagarde wore a necklace with the words "in charge" at Thursday's press conference but her guardedness underlined the difficulty of marshalling ...
Morning Bid: US Check on Sub-4% Jobless, China Imports Slow
US News & World Report· 22 hours agoAfter a frenetic week of G7 interest rate cuts, new records for stocks, another scramble for AI and a wave of elections, world markets have frozen awaiting the U.S. employment ...
Lagarde Comments at ECB Press Conference
US News & World Report· 2 days 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 ...
Morning Bid: New Highs as Nvidia Tops Apple, ECB and BoC Easing
US News & World Report· 2 days agoWith the European Central Bank set to follow the Bank of Canada on Thursday with its first interest rate cut of the cycle, four countries ...
The 4 Smartest Places to Put Your Money in June 2024
The Motley Fool· 20 hours agoIf so, then a savings account is your best bet. It gives you access to your money without risking a penalty, and you can earn a nice amount of interest if you shop around for a great
Morning Bid: Dip Buying Persists, Canada Set to Ease
US News & World Report· 3 days agoTreasury yields ebbed further on Tuesday before steadying today as they await the big jobs release later in the week. Whatever the Fed does, the Bank of ...
Inflation, Fed Meeting to Give Clues for US Market Direction
US News & World Report· 14 hours agoInvestors will closely watch next week’s inflation numbers and Federal Reserve meeting for clues on whether the soft landing hopes that drove stocks to record highs are still justified. This ...
US Job Market Hits Milestone on Long, Strange Trip Back to Pre-Pandemic Normal
US News & World Report· 4 days agoThe Beveridge Curve plots the relationship between job openings and the unemployment rate, and data released on Tuesday further validates an idea floated by Federal Reserve ...
