Economic growth has been weak across the eurozone and the balance of risks at this point makes the case for a major rate cut. Recession prevention should be the central bank’s priority.
4 min read4 Feb 2025The European Central Bank (ECB) slashed its interest rates further 25 basis points to 3 per cent on Thursday, as the inflation slows down and growth outlook worsen in the EU, reported AFP.
3 min read12 Dec 2024The European Central Bank lowered interest rates for the second meeting in a row, speeding the pace of rate cuts to support an economy flashing increasing signs of weakness.
2 min read17 Oct 2024EUROPE-STOCKS/ (UPDATE 2):UPDATE 2-European stocks eke out small gains, Orsted shines
2 min read7 Oct 2024EUROPE-STOCKS/ (UPDATE 2):UPDATE 2-European shares end lower as automakers weigh, though clocks quarterly gains
2 min read30 Sep 2024The eurozone economy contracted as the third quarter drew to a close, while inflationary pressures cooled, according to a series of business surveys.
3 min read23 Sep 2024European stocks gain on Friday as traders look ahead to the Federal Reserve’s interest-rate decision next week and weigh if a big cut is possible.
1 min read13 Sep 2024The European Central Bank (ECB) cut its key benchmark interest rates for the second time this year as inflation receded towards 2 per cent and concerns loom over economic building, reported the news agency Bloomberg on Thursday, September 12.
2 min read12 Sep 2024ECB-POLICY/MARKETS (ANALYSIS, PIX):ANALYSIS-Traders question case for rapid ECB rate cuts
4 min read6 Jun 2024While banks and non-bank lenders were the major borrowers in the dollar bond and loan market in the last three months, other companies have also expressed interest and are rushing to global rating agencies to rate their issuances. The reason: A fall in hedging costs.
3 min read30 May 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared