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Analysis-ECB governors stick to plan for multiple rate cuts despite global headwinds

By Francesco Canepa FRANKFURT (Reuters) - European Central Bank officials are sticking to plans to cut interest rates multiple times this year, even as higher U.S. inflation delays a pivot to looser policy by the U.S. Federal Reserve and tensions i.

Analysis-ECB Governors Stick to Plan for Multiple Rate Cuts Despite Global Headwinds

Analysis-ECB Governors Stick to Plan for Multiple Rate Cuts Despite Global Headwinds
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Fed s rate-cut foot-dragging grates on global peers at IMF meetings

Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve s rapid resetting of rate-cut expectations as U.S. inflation data roils markets from London to. -April 19, 2024 at 01:00 am EDT - MarketScreener

ECB set to order UniCredit to reduce Russia business, sources say

The European Central Bank is poised to order Italy s UniCredit to cut back its business with Russia, two people with knowledge of the discussions said, as the regulator exerts pressure to choke off.

ECB s Wunsch sees multiple rate cuts this year as likely

The European Central Bank is likely to cut interest rates multiple times this year, with back-to-back moves in June and July one possible option, ECB policymaker Pierre Wunsch said on Friday. . -April 19, 2024 at 11:40 am EDT - MarketScreener

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