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European Central Bank

French President Macron’s election gamble gives Europe Brexit nightmares again

by Walter Watson
French President Macron’s election gamble gives Europe Brexit nightmares again

Finance Minister Bruno Le Maire predicted a financial crisis if Marine Le Pen’s far-right party gets to implement its programme. Although he name-checked one of Cameron’s short-lived successors in warning …

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Opinion | 4 reasons investors are optimistic despite threats to global economy

by Anas Siddiqui
Opinion | 4 reasons investors are optimistic despite threats to global economy

Yet despite all these risks and vulnerabilities, a sense of optimism permeates markets. While it is often hard to disentangle complacency from bullishness, sentiment has not been this upbeat since …

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Eli Lilly, 3M, PayPal, Tesla and more

by Walter Watson
Eli Lilly, 3M, PayPal, Tesla and more

Check out the companies making headlines in midday trading. Eli Lilly — Shares added 5% after Eli Lilly, maker of the Mounjaro diabetes and weight loss drug, beat analysts’ expectations …

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European Central Bank should cut rates in June, ECB policymaker says

by Ron Morgan
European Central Bank should cut rates in June, ECB policymaker says

The European Central Bank should cut interest rates in June to avoid falling behind the inflation curve, according to ECB policymaker François Villeroy de Galhau. “The question is the next …

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Lagarde says ECB will cut rates soon, barring any major surprises

by Walter Watson
Lagarde says ECB will cut rates soon, barring any major surprises

European Central Bank President Christine Lagarde on Tuesday said the central bank remains on course to cut interest rates in the near term, subject to any major shocks. Lagarde said …

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The Fed will cut rates before the ECB, former BoE DeAnne Julius said

by Walter Watson
The Fed will cut rates before the ECB, former BoE DeAnne Julius said

The Federal Reserve Building stands in Washington. Joshua Roberts | Reuters The U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former member …

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Vanguard doesn’t believe the Fed will cut interest rates this year

by Walter Watson
Vanguard doesn’t believe the Fed will cut interest rates this year

Vanguard doesn’t expect the Federal Reserve to cut interest rates this year, defying the view from Fed officials that the central bank remains on track to reduce rates three times …

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Bitcoin falls short as global digital currency, ECB says

by Isaac Wright
Bitcoin falls short as global digital currency, ECB says

Economists with the European Central Bank (ECB) contend that Bitcoin’s (BTC) limited usage disqualifies it as a legitimate form of currency. Zero value On Feb. 22, ECB director general for …

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Davos leaders see a new normal in 2024

by Walter Watson
Davos leaders see a new normal in 2024

President of the European Central Bank (ECB) Christine Lagarde attends a session on the closing day of the World Economic Forum (WEF) annual meeting in Davos, on January 19, 2024.  …

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U.S. Federal Reserve leaves key interest rate unchanged, expects 3 rate cuts in 2024

by Anas Siddiqui
U.S. Federal Reserve leaves key interest rate unchanged, expects 3 rate cuts in 2024

For a third straight time, the U.S. Federal Reserve kept its key interest rate unchanged Wednesday, as it signalled its expectations to make a series of quarter-point cuts to the benchmark interest …

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