So as not to overreact to the string of low Inflation Readings that we had in the second half of last year. The recent data have clearly not given us greater confidence and instead indicate that its likely to take longer than expected to achieve that confidence. Todays remarks highlight the different paths being taken by Central Banks around the world, with the european Central Banks Christine Lagarde reaffirming that the ecb was still on track to cut rates. Many people expect the ecb will cut rates injune. Now, the timing of the first rate cut here in the United States this cycle has become a subject of much debate from main street to wall street to the campaign trail. The fed had previously signalled it intended to cut rates several times this year from a 23 year high of 5. 5 . Us stocks fell after mr powell spoke. But that is in the middle east have been weighing on markets in the conflict in the region has been cited as a risk to recovery for the Global Economy by the International
To the string of low Inflation Readings that we had in the second half of last year. The recent data have clearly not given us greater confidence and instead indicate that its likely to take longer than expected to achieve that confidence. Todays remarks highlight the different paths being taken by Central Banks around the world, with the european Central Banks Christine Lagarde reaffirming that the ecb was still on track to cut rates. Many people expect the ecb will cut rates injune. Now, the timing of the first rate cut here in the United States this cycle has become a subject of much debate from main street to wall street to the campaign trail. The fed had previously signalled it intended to cut rates several times this year from a 23 year high of 5. 5 . Us stocks fell after mr powell spoke. Heres how Stock Markets fared in the us after mr powells comments. The s p 500, nasdaq and the dow closed slightly lower. The federal reserve s next policy meeting will start at the end of april
tonight at ten, european leaders are to open talks with ukraine about eu membership, to the delight of president zelensky. but on the ground, the fight against russia s occupying force is struggling we report from the front line on ukraine s need for more military aid. president putin says russia s war aims have not changed in a four hour press conference. steve rosenberg was there and gives us his assessment. also, the british boy, missing for six years, found in a small town in the south of france. big developments here in the southern french city of toulouse, where mystics alex, who has been gone for six years, is being brought back home by british police from the city in the coming hours. the pioneering premier league referee rebecca welch will be the first woman to do the job. and will you see the shower of shooting stars, set to peak this evening? and on newsnight at 10:30pm, we ll go deeper behind the headlines and speak live to key players on today s big stories.
Saudis cut crude prices to all regions amid oil-price weakness Saudi Aramco on Sunday said it would cut crude prices to all regions, including its largest market in Asia - a move that comes.
Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments Exxon Mobil is expecting up to $2.6 billion in impairments in the fourth quarter for its upstream business, mostly related to.