Page 5 - Frank Elderson News Today

Economic growth in the euro zone is more sluggish than the European Central Bank expected but the goal is to control inflation, so interest rates could still go higher, if needed, ECB board member...

Italian risk premium rose on Wednesday as investors adjusted their positioning to lower growth and higher deficit figures ahead of the governments announcement of its budget plan. The...

The Euro (EUR) experiences an increasing bearish sentiment against the US Dollar (USD), prompting the EUR/USD to decline and reach fresh six-month low

(Bloomberg) -- It’s unclear whether the European Central Bank has lifted borrowing costs to their peak, with the persistence of inflation meaning further hikes can’t be excluded, according to Governing Council member Robert Holzmann.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Da...

In an MNI interview, ECB Executive Board Member Frank Elderson responded to the speculation on whether interest rates have reached their pea. He noted, "Does that mean policy rates have peaked? Not necessarily. There is still a lot of uncertainty."

FRANKFURT (Reuters) - Economic growth in the euro zone is more sluggish than the European Central Bank expected but the goal is to control inflation, ...

EUR/USD stabilized above 1.0550 early Wednesday after posting small daily losses on Tuesday. The modest improvement seen in risk mood could help the p

Frankfurt — A member of the European Central Bank board has not ruled out another interest rate hike in the fight against inflation, in an interview published on Wednesday.One could

Dollar rally shows no signs of stopping in early US session, and the greenback it buoyed slightly by stronger than expected data on durable goods orders. Yet, looming in the background is the potential for the fourth US government shutdown in the last ten years, a scenario that's only days away. Minneapolis Fed President Neel Kashkari weighed in on the situation, stating a shutdown could "slow the economy," suggesting that Fed "might then have to do less" to fight inflat...

Stock prices in London were in the red at midday on Wednesday as markets remained uneasy about the prospect of global interest rates staying elevated for longer. The FTSE 100 index was down 22.94...