Central banks in the euro area and Switzerland cut rates on Thursday, a day after Canada slashed rates by a hefty 50 bps.
The third cut in as many meetings comes as President-elect Trump’s threatened tariffs loom large for the eurozone economy.
Wednesday’s reading on U.S. inflation sets the Federal Reserve up to cut interest rates next week, but the Fed may pause its rate-cutting cycle at its first policy meeting next year, according to ...
DAX Index gains 0.34% as US inflation data boosts Fed rate cut bets. Will ECB’s rate decision push it to new highs or below ...
Fed fund futures trading as of mid-day Friday indicated a nearly 90% chance the central bank would cut by 25 basis points, according to CME FedWatch.