Europe’s Rates Head Lower in Readiness for Another Trump Era
4 weeks, 1 day ago

Europe’s Rates Head Lower in Readiness for Another Trump Era

Live Mint  

Europe’s central banks are taking a determined dovish turn to aid economies bracing for more disruption from Donald Trump’s second stint in the White House. The European Central Bank’s own quarter-point move — bringing its rate to a 1 1/2-year low — was accompanied by President Christine Lagarde’s observation that “the direction of travel currently is very clear.” There’ll probably be moves of the same size in January and March, according to people familiar with the matter. “For the moment, there’s only one way for European rates – down,” said Allianz Chief Economist Ludovic Subran. Vice President Antoine Martin told reporters that “developments abroad represent the main risk” to Switzerland’s economy. “We believe growth will continue to turn out weaker than what the ECB expects, and see potential for markets to price lower terminal rates,” he said in a report.

Europe Trump European Switzerland Ecb Lagarde Snb Rates Head  europes  rate  ecb  readiness  era  cut  lower  currency  policymakers  officials  easing  rates  head  trump  economy

History of this topic

England, Japan hold interest rates steady even as US, Europe cut back: What explains the differences?
3 weeks, 1 day ago

England, Japan hold interest rates steady even as US, Europe cut back: What explains the differences?

Firstpost  

After aggressive rate hikes in 2022 and early 2023 to combat surging inflation fueled by energy and food costs, central banks are increasingly turning their attention to rate cuts to support growth Several central banks the world over have announced interest rate decisions in the past two weeks. Bank of England holds steady amid rising UK inflation The Bank of …

ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies
4 weeks, 2 days ago

ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies

Associated Press  

FRANKFURT, Germany — The European Central Bank has cut rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs. Lower rates should support growth amid signs that the post-pandemic recovery is slowing in the 20 countries that use the euro currency …

Mortgage interest rates to continue steady downward trend, mortgage advisor says
1 month ago

Mortgage interest rates to continue steady downward trend, mortgage advisor says

NL Times  

The interest on a 10-year mortgage with National Mortgage Guarantee has dropped a full percentage point since it peaked in October 2023, De Hypotheker reported. The mortgage advisor expects the slow, but steady decline in mortgage interest rates to continue. Currently, the average mortgage interest rate for loans with a 10-year term and National Mortgage Guarantee is 3.55 percent - …

Inflation rose to 2.3% in Europe. That won’t stop the central bank from cutting interest rates
1 month, 1 week ago

Inflation rose to 2.3% in Europe. That won’t stop the central bank from cutting interest rates

Associated Press  

FRANKFURT, Germany — Inflation in the 20 countries that use the euro currency rose in November — but that likely won’t stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom over weak growth. The European Union’s harmonized index of consumer prices stood up 2.3% …

Trump Win Wreaks Havoc With Rate-Cut Expectations Around World
2 months ago

Trump Win Wreaks Havoc With Rate-Cut Expectations Around World

Live Mint  

Central bankers the world over are gauging whether their worst fears over Donald Trump will come to pass following his resounding return to the US presidency. “If a jurisdiction as important as the US imposes tariffs of 60% to any other important jurisdictions — let’s speak about China — I can assure you that the direct effects and the indirect …

Why inflation could rise and interest rates remain elevated under a Trump presidency
2 months ago

Why inflation could rise and interest rates remain elevated under a Trump presidency

CNN  

London CNN — Inflation is likely to rise in the United States and around the world if newly elected US President Donald Trump follows through on his campaign promises to cut taxes, crack down on immigration and hike tariffs on all imported goods. Trump’s proposed economic policies — including deporting immigrants, across-the-board tariffs and increased political influence on the Fed …

Something to cheer us all with rates set be slashed on both sides of the Atlantic: ALEX BRUMMER
2 months ago

Something to cheer us all with rates set be slashed on both sides of the Atlantic: ALEX BRUMMER

Daily Mail  

Coming hot on the heels of two momentous events – and I don’t mean Halloween and Guy Fawkes – scant attention is being paid to interest rates. Both the Bank of England and the US Federal Reserve are odds on to cut official interest rates. Prediction: Both the Bank of England and the US Federal Reserve are odds on to …

European Central Bank lowers interest rate to 3.25% in third cut this year
2 months, 3 weeks ago

European Central Bank lowers interest rate to 3.25% in third cut this year

Daily Mail  

Rate cut: The ECB has lowered its benchmark borrowing rate to 3.25% - piling pressure on the Bank of England to move faster in the UK The European Central Bank has cut interest rates for the third time this year. The Frankfurt-based institution lowered its benchmark borrowing rate to 3.25 per cent. The Bank of England approved its first rate …

ECB's Interest Rate Cut: A Gradual Shift Towards Neutral
2 months, 3 weeks ago

ECB's Interest Rate Cut: A Gradual Shift Towards Neutral

Live Mint  

European Central Bank lowers interest rates for the third time this year to support growth. The key deposit rate was cut by a quarter-point to 3.25% — as predicted by all analysts in a Bloomberg survey. The ECB said the process of taming prices should be complete “in the course of next year”. However, officials didn’t specify when or how …

Inflation in Europe falls below 2% and opens the way for faster rate cuts
3 months, 1 week ago

Inflation in Europe falls below 2% and opens the way for faster rate cuts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Rate cut expected as eurozone inflation falls
4 months, 1 week ago

Rate cut expected as eurozone inflation falls

China Daily  

EU flags flutter in front of European Central Bank headquarters in Frankfurt, Germany on July 18. Bert Colijn, an economist at ING, told the Financial Times newspaper the fact that Eurostat, the European Union's official statistics agency, declared the eurozone's inflation rate to be within a whisker of the ECB's target of 2 percent means rate cuts will be likely …

Inflation ticks up in Europe, complicating the European Central Bank’s next move
5 months, 1 week ago

Inflation ticks up in Europe, complicating the European Central Bank’s next move

Associated Press  

FRANKFURT, Germany — Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the European Central Bank’s target and complicating the ECB’s next decision on whether to cut interest rates and boost growth as the economy struggles to stage a convincing recovery after a long stretch of stagnation. Services inflation, a figure closely …

Inflation ticks up in Europe, complicating the European Central Bank's next move
5 months, 1 week ago

Inflation ticks up in Europe, complicating the European Central Bank's next move

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Inflation in the 20 countries …

European Central Bank leaves key interest rate at 3.75%, waits for signs inflation is under control
5 months, 3 weeks ago

European Central Bank leaves key interest rate at 3.75%, waits for signs inflation is under control

Associated Press  

FRANKFURT, Germany — The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again. She added that “obviously, given the size of the US financial markets in particular, the developments taking place in the United …

Europe's central bank hits pause on rate cuts as inflation takes its sweet time to come down to 2%
5 months, 3 weeks ago

Europe's central bank hits pause on rate cuts as inflation takes its sweet time to come down to 2%

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Home buyers and businesses waiting …

ECB puts interest rates on hold
5 months, 3 weeks ago

ECB puts interest rates on hold

China Daily  

EU flags flutter in front of European Central Bank headquarters in Frankfurt, Germany on July 18. FRANKFURT -- The European Central Bank on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged …

Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts
6 months, 1 week ago

Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Inflation in the 20-nation eurozone …

Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts
6 months, 1 week ago

Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

Associated Press  

FRANKFURT, Germany — Inflation in the 20-nation eurozone crept lower to 2.5% in June, but remained stuck above the level favored by the European Central Bank, which is in no hurry to add more rate cuts after a first tentative reduction in its benchmark rate. The ECB’s caution in making sure inflation is under control comes as the U.S. Federal …

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited
7 months ago

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited

Associated Press  

FRANKFURT, Germany — The European Central Bank cut its key interest rate Thursday by a quarter-point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs — a shift with far-reaching consequences for home buyers, savers and investors. Speaking afterward at a news conference, ECB President Christine Lagarde said inflation had eased …

Inflation ticked up in Europe in May. That likely won’t stop a central bank rate cut next week
7 months, 1 week ago

Inflation ticked up in Europe in May. That likely won’t stop a central bank rate cut next week

Associated Press  

FRANKFURT, Germany — Inflation ticked up to an annual 2.6% in Europe in May, according to official figures on Friday. It’s unlikely to stop the European Central Bank from making a first interest rate cut next week — and moving ahead of the U.S. Federal Reserve in lowering borrowing costs for businesses and consumers. Still, the higher inflation number makes …

Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook
7 months, 3 weeks ago

Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook

The Hindu  

The euro has resisted falling to parity with the dollar for now, thanks to a rosier economic backdrop, to the relief of European Central Bank policymakers who could be struggling to detach themselves from the Federal Reserve’s monetary policy outlook. Just a month ago, the euro’s fall to five-month lows prompted talk among analysts about a return to parity against …

Central Europe's rate-setters have pause for thought
8 months, 1 week ago

Central Europe's rate-setters have pause for thought

The Hindu  

With steep falls in inflation over and the timing of the first Federal Reserve rate cut pushed back by strong U.S. data, a period of carefree rate easing appears to be over for central Europe's rate-setters now facing a growing list of concerns. A collapse in price growth from last year's double-digit rates in Poland, the Czech Republic and Hungary …

European stocks fall after central bank holds interest rates steady
8 months, 4 weeks ago

European stocks fall after central bank holds interest rates steady

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Top European stocks have fallen …

Inflation has slid again in Europe. Here’s what that means for interest rates
9 months, 1 week ago

Inflation has slid again in Europe. Here’s what that means for interest rates

Associated Press  

FRANKFURT, Germany — The inflation that has squeezed European shoppers fell more than expected in March to 2.4%, as cost spikes in the grocery aisle eased and overall price rises headed down in the two biggest economies, Germany and France. But analysts say the decline from 2.6% in February, though welcome, would likely not be enough to move up the …

Federal Reserve foresees 3 rate cuts in 2024 despite bump in inflation
9 months, 3 weeks ago

Federal Reserve foresees 3 rate cuts in 2024 despite bump in inflation

Associated Press  

WASHINGTON — Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on Wall Street, despite signs that inflation remained elevated at the start of the year. Speaking at a news conference, Chair Jerome Powell said the surprising pickup in inflation in January and February hadn’t fundamentally changed …

Europe’s economy has stalled. But an interest rate cut will likely have to wait for summer
10 months ago

Europe’s economy has stalled. But an interest rate cut will likely have to wait for summer

Associated Press  

FRANKFURT, Germany — Inflation in Europe is way down from its painful double-digit peak, and the economy has stalled. But the European Central Bank left its key interest rate at a record high Thursday, and its leader suggested a much-anticipated cut to borrowing costs would likely wait until June. The decision comes as central banks around the world, including the …

European Central Bank may or may not lower borrowing costs, says Holzmann
11 months ago

European Central Bank may or may not lower borrowing costs, says Holzmann

Live Mint  

It’s not guaranteed that the European Central Bank will lower borrowing costs this year as inflation risks persist, according to Governing Council Member Robert Holzmann. “There is a certain chance that there will be no interest-rate cut at all this year or only at the very end of the year,” Holzmann, who also heads Austria’s central bank, said in an …

ECB, BOE Shouldn't Wait for Fed to Cut Interest Rates
11 months ago

ECB, BOE Shouldn't Wait for Fed to Cut Interest Rates

Hindustan Times  

-- With the US economy continuing to dodge recession, the Federal Reserve appears to be in no rush to cut interest rates. US Treasury yields have risen around 20 basis points across the curve this year, and even if the first rate cut isn't first-quarter business, it'll probably happen before summer. Fed Chair Jerome Powell is keeping his options open, …

Inflation in Europe edges down again. But will Houthi attacks on ships spoil the relief?
11 months, 1 week ago

Inflation in Europe edges down again. But will Houthi attacks on ships spoil the relief?

Associated Press  

FRANKFURT, Germany — Inflation in Europe edged lower in January to 2.8%, keeping alive speculation about quicker interest rate cuts that would lower borrowing costs for businesses and consumers — and help boost the stagnating economy. “This uncertainty could ultimately prompt central banks to delay rate cuts to give themselves more information on the inflationary impact.” Economic models suggested the …

Financial markets are jonesing for interest rate cuts. Not so fast, says the European Central Bank
11 months, 2 weeks ago

Financial markets are jonesing for interest rate cuts. Not so fast, says the European Central Bank

Associated Press  

FRANKFURT, Germany — European Central Bank President Christine Lagarde pushed back Thursday against market expectations for quick interest rate cuts even as Europe’s economy sputters and financial markets froth in hopes of cheaper credit that would boost business activity and stock prices. was that it was premature to discuss rate cuts.” Financial markets have been expecting a cut as early …

Cutting interest rates too soon in Europe risks progress against inflation, central bank chief says
11 months, 3 weeks ago

Cutting interest rates too soon in Europe risks progress against inflation, central bank chief says

Associated Press  

FRANKFURT, Germany — Cutting interest rates too soon could threaten Europe’s progress in battling the inflation that has ravaged the economy, the head of the European Central Bank said Wednesday amid widespread speculation that the bank soon will lower rates from record highs. Christine Lagarde, faced with market expectations for rate cuts as soon as March or April and a …

Europe’s inflation is up after months of decline. Could it delay interest rate cuts?
1 year ago

Europe’s inflation is up after months of decline. Could it delay interest rate cuts?

Associated Press  

FRANKFURT, Germany — Inflation plaguing Europe rose to 2.9% in December, rebounding after seven straight monthly declines as food prices rose and support for high energy bills ended in some countries. The rise in price levels fueled debate over how soon interest rate cuts could be expected from the European Central Bank. The faster-than-expected fall in inflation over the last …

ECB keeps key rates steady at record 4%; lowers 2024 inflation, growth forecasts
1 year ago

ECB keeps key rates steady at record 4%; lowers 2024 inflation, growth forecasts

Live Mint  

The European Central Bank has left the key interest rates unchanged at a record-high level of 4 per cent for the second straight meeting and signaled an early end to its last remaining bond purchase scheme, which helped support the euro across the 20-nation euro zone. that can very much take the form of holding.” Lagarde, who described herself as …

Europe’s central bank halts rate hikes as war in the Middle East casts a shadow over the economy
1 year, 2 months ago

Europe’s central bank halts rate hikes as war in the Middle East casts a shadow over the economy

Associated Press  

FRANKFURT, Germany — The European Central Bank left interest rates unchanged Thursday for the first time in over a year as the Israel-Hamas war spreads even more gloom over already downbeat prospects for Europe’s economy. She reiterated that high rates would help drive back inflation to the bank’s goal of 2% if “maintained for a sufficiently long duration.” She would …

Europe's central bank is set to halt rate hikes as the Mideast war casts a shadow over the economy
1 year, 2 months ago

Europe's central bank is set to halt rate hikes as the Mideast war casts a shadow over the economy

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The European Central Bank is …

European Central Bank likely to keep current high interest rates for a year
1 year, 2 months ago

European Central Bank likely to keep current high interest rates for a year

NL Times  

Klaas Knot, the president of De Nederlandsche Bank, stated in an interview with ANP that the European Central Bank is likely to keep interest rates in the Eurozone at their current high level for at least another year. Last month, the central bank in Frankfurt raised the Eurozone's interest rate for the tenth consecutive time, reaching its highest level ever. …

Inflation drops to a two-year low in Europe. It offers hope, but higher oil prices loom
1 year, 3 months ago

Inflation drops to a two-year low in Europe. It offers hope, but higher oil prices loom

Associated Press  

FRANKFURT, Germany — Inflation that has plagued Europeans declined sharply in September to the lowest level in two years, strengthening hopes that consumers will get relief from costlier groceries, vacations and haircuts — and that the European Central Bank won’t have to further restrict the economy by raising interest rates from already-record highs. But recently higher oil prices are casting …

Interest rates will stay high ‘as long as necessary,’ the European Central Bank’s leader says
1 year, 3 months ago

Interest rates will stay high ‘as long as necessary,’ the European Central Bank’s leader says

Associated Press  

FRANKFURT, Germany — The head of the European Central Bank said Monday that interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation. Christine Lagarde said rates would stay high because upward pressure on prices “remains strong” in the 20 countries that use the euro currency. “We remain determined to ensure …

Interest rates will stay high 'as long as necessary,' the European Central Bank's leader says
1 year, 3 months ago

Interest rates will stay high 'as long as necessary,' the European Central Bank's leader says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The head of the European …

Europe’s inflation held steady in August as European Central Bank keeps an open mind on rates
1 year, 4 months ago

Europe’s inflation held steady in August as European Central Bank keeps an open mind on rates

Associated Press  

FRANKFURT, Germany — Annual inflation held steady in Europe in August as food prices raced ahead of falling fuel costs, but there was no clarity about whether the European Central Bank will pause its record series of interest rate hikes. European Central Bank President Christine Lagarde has said that the interest rate decision at the Sept. 14 policy meeting will …

ECB's Lagarde says interest rates to stay high as long as needed to defeat inflation
1 year, 4 months ago

ECB's Lagarde says interest rates to stay high as long as needed to defeat inflation

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Rupee under threat from rising interest rates in U.S., Europe? There may be a way out
1 year, 5 months ago

Rupee under threat from rising interest rates in U.S., Europe? There may be a way out

India Today  

Indians bear the brunt of high prices both directly and indirectly. However, if prices grow in advanced economies, their central banks raise interest rates and that strengthens the dollar or their currencies and weakens the rupee, eventually. On the other hand, the European Central Bank raised interest rates nine times from zero per cent in January 2022 to 4.25 per …

European Central Bank hikes interest rates to combat inflation and leaves door open to more
1 year, 5 months ago

European Central Bank hikes interest rates to combat inflation and leaves door open to more

Associated Press  

FRANKFURT, Germany — The European Central Bank raised interest rates for the ninth straight time Thursday in its yearlong campaign to stamp out painfully high inflation and kept the door open to further hikes despite increasing fears of recession. ECB President Christine Lagarde had all but promised the quarter-percentage point increase and said the bank’s next moves would be determined …

The world seems headed for a mild output contraction
1 year, 5 months ago

The world seems headed for a mild output contraction

Live Mint  

There are currently four scenarios for the global economic outlook. The most positive is a ‘soft landing,’ where central banks in advanced economies manage to bring inflation down to their 2% targets without triggering a recession. If the effort to tame inflation triggers severe economic and financial instability, a fourth scenario becomes possible: central banks wimp out and allow for …

Europe inflation slips to 5.5% — but that won't stop central bank rate hikes
1 year, 6 months ago

Europe inflation slips to 5.5% — but that won't stop central bank rate hikes

The Hindu  

Inflation in Europe slid again in June but fell too slowly to offer much relief to shoppers grumbling over price tags or to stop more interest rate hikes that will raise the cost of borrowing across the economy. While that is a big drop from the peak of 10.6% in October, persistently high prices in the U.S., Europe and the …

Europe’s interest rates to stay high as long as needed to defeat inflation, central bank chief says
1 year, 6 months ago

Europe’s interest rates to stay high as long as needed to defeat inflation, central bank chief says

Associated Press  

FRANKFURT, Germany — European Central Bank President Christine Lagarde warned Tuesday that inflation is holding its grip on the economy and underlined that the bank intends to raise rates high enough to “break this persistence.” Lagarde acknowledged that inflation has fallen from all-time highs last year as energy prices plunged and the bank rolled out a rapid series of rate …

IMF head welcomes Europe's interest rate hikes in campaign against inflation
1 year, 6 months ago

IMF head welcomes Europe's interest rate hikes in campaign against inflation

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The head of the International …

At 3.25%, ECB hikes rates to 22-year high as it battles inflation; check details
1 year, 6 months ago

At 3.25%, ECB hikes rates to 22-year high as it battles inflation; check details

Live Mint  

The European Central Bank on June 15 lifted interest rates by another quarter-point - to their highest level in 22 years and left the possibility for more hikes, extending its fight against high inflation amid faltering euro zone economy. “Future decisions will ensure that the key ECB interest rates will be brought to levels sufficiently restrictive to achieve a timely …

European Central Bank hikes rates again and vows more after US Fed hits pause
1 year, 6 months ago

European Central Bank hikes rates again and vows more after US Fed hits pause

Associated Press  

FRANKFURT, Germany — The European Central Bank pressed ahead with another interest rate hike Thursday and made clear more are on the way, aiming to crush inflation that is driving up the cost of groceries even after the U.S. Federal Reserve took a break from its own string of increases. Central banks in Australia and Canada resumed rate increases last …

Discover Related