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April 30, 2024
(Bloomberg) -- The euro zone exited recession with much speedier growth than expected driven by its four top economies, though the recent retreat in inflation stalled.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesYen Sparks Intervention Suspicion After U-Turn From 1990 LowsFirst-qu
April 19, 2024
(Bloomberg) -- The European Central Bank could lower borrowing costs in both June and July, should disinflation in the euro zone be stronger than anticipated, Governing Council member Gediminas Simkus said.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingOil Erases Advance After Iranian Media Downplays Israel’s AttackTh...
April 18, 2024
(Bloomberg) -- Brazilian Finance Minister Fernando Haddad said he anticipates the Federal Reserve’s delay in lowering interest rates will trigger a repricing across global markets, while the nation’s central bank chief expressed confidence in Brazil’s external accounts.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingIsrael Launches Retaliatory Strike on Iran, US ...
February 17, 2024
(Bloomberg) -- Engulfed in a prolonged economic slowdown and facing the prospect of Donald Trump returning to the White House, the European Union is dusting off a plan to unite its disparate capital markets.Most Read from BloombergTrump Organization Hit With $365 Million Fine in Fraud TrialWall Street Ends Wild Week on Sour Note After PPI: Markets WrapAlexey Navalny, Jailed Activist Who Defied Putin, Dies at 47Black-Swan ETFs Are Facing Their Own Doomsday After a 99% Plunge‘Peak Euphoria&...
February 14, 2024
(Bloomberg) -- The European Central Bank requires additional evidence that inflation is returning to its goal before it can safely begin loosening monetary policy, according to Vice President Luis de Guindos.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillStanChart Weighs Break Up of Corporate, Investment BankThe Brutal Reality of Plunging Office Values Is HerePutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in...
February 14, 2024
(Bloomberg) -- The European Central Bank requires additional evidence that inflation is returning to its goal before it can safely begin loosening monetary policy, according to Vice President Luis de Guindos.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillStanChart Weighs Break Up of Corporate, Investment BankThe Brutal Reality of Plunging Office Values Is HerePutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in...
February 4, 2024
(Bloomberg) -- Euro-zone leaders looking to keep populist parties at bay are unlikely to get much help from the economy this year — even if the European Central Bank cuts interest rates.Most Read from BloombergIraq Says 16 Killed in US Strikes, Calls Security Risk GraveJapan Assures Fans Taylor Swift Can Make It to the Super BowlBiden Swipes at Trump’s Personality in ‘Weirdest Campaign’ YetMeta’s $197 Billion Surge Is Biggest in Stock-Market HistoryWith Europea...
January 29, 2024
(Bloomberg) -- The European Central Bank won’t rush into cutting interest rates to avoid undoing progress on inflation, according to Governing Council member Peter Kazimir, who said June is more likely than April for a first move.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetEvergrande Set for Liquidation as China Property Crisis Drags OnTrump Cash Stockpile at Risk From $450 Million Dual VerdictsHouthi Hit on Russian Fuel Has Traders...
January 29, 2024
(Bloomberg) -- Better prospects for consumer prices will ultimately prompt officials to cut interest rates, European Central Bank Vice President Luis de Guindos said.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetSingapore’s $200,000 Toyotas Fuel Angst Over Wealth GapHouthi Hit on Russian Fuel Has Traders Recalculating RisksThree US Troops Killed in Attack Tied to Iran-Backed GroupsEvergrande Set for Liquidation as China Property Crisi...
January 16, 2024
(Bloomberg) -- The European Central Bank is likely to start lowering borrowing costs this year but the exact timing will depend on data, according to Governing Council member Francois Villeroy de Galhau. Most Read from BloombergTrump Scores Easy Win in Iowa With DeSantis a Distant SecondIowa Latest: Biden Calls Trump ‘Clear Frontrunner’ After WinUS Merchant Vessel Struck as Shippers Told to Avoid Red SeaWhat Is Disease X? How Scientists Are Preparing for the Next PandemicApple to P...