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 …
* Euro drops as concerns about French politics weigh * Markets still do not price in a government collapse in France * Dollar rises after first weekly fall since September * Yen off highs, ponder chance of BOJ rate hike By Stefano Rebaudo and Wayne Cole Dec 2 - The euro dropped on Monday versus a strengthening U.S. dollar on …