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ECB not necessarily done with rate hikes: Elderson - Vimarsana News

ECB not necessarily done with rate hikes: Elderson

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

Source: kelo.com
EUR/USD Forecast: Euro could stage a correction before the next leg lower - Vimarsana News

EUR/USD Forecast: Euro could stage a correction before the next leg lower

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

ECB board member believes interest rates may need to rise further - Vimarsana News

ECB board member believes interest rates may need to rise further

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 Rises Further after Durable Goods Orders, Aussie Falters on Evergrande Crisis - Vimarsana News

Dollar Rises Further after Durable Goods Orders, Aussie Falters on Evergrande Crisis

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 inflation. However, there's another side to the coin: a delay in the release of economic data could c...

Stocks fall on higher for longer rate worries - Vimarsana News

Stocks fall on higher for longer rate worries

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...