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Expectations of ECB interest rate cut in Q2 grow stronger: Reuters poll

The European Central Bank will reduce interest rates next quarter, according to a Reuters poll, with 45% of respondents saying the reduction in borrowing costs would happen in June. The poll, which was released on Thursday, also showed the first ECB rate cut was more likely to occur earlier than expected than later. As inflation moves closer to the ECB's 2% target, the next move is almost certainly a cut, but the timing is still up for debate.
Christine Lagarde Kristian Toedtmann Pranoy Krishna Jennifer Lee Paul Simao Sarupya Ganguly
Source: yahoo.com

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Noida and Greater Noida schools to remain closed on Dec 29, 30 due to cold, teachers to work

Due to severe cold and dense fog, schools in Noida and Greater Noida will be closed on December 29 and 30, as per the directive from District Magistrate Maneesh Kumar Verma. The closure, affecting all classes, is accompanied by a 15-day winter vacation starting December 31. Despite this, teachers and staff are expected to continue working during the school closure.
Uttar Pradesh Gautam Buddh Nagar Rahul Panwar Maneesh Kumar Verma Indian Meteorological Department Greater Noida

Short supply of homes to push global property prices higher at slower pace: Reuters poll

Global property prices in most major markets will rise over the next two years, albeit at a slightly slower pace than predicted three months ago as strong demand and tight supply overshadow higher interest rates, a Reuters poll found. Home prices across the developed world have defied analysts' expectations, as they predicted at the start of the year prices would register double-digit falls from COVID-19-era peaks. While price rises are expected to continue into next year and 2025, higher...
New Zealand United Kingdom United Arab Emirates Liam Bailey Knight Frank Vijayalakshmi Srinivasan
Source: yahoo.com

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