monetary-policy
BankingItaly’s League Announce Bill to Overhaul Central Bank’s Governance
InvestingInvestors’ Euro Zone Inflation Expectations Fall Below 2% for First Time Since 2022
BankingECB’s Villeroy: Trump Policies Impact on Euro Inflation to Be Limited
InvestingEuropean Shares Set for Choppy Rise to Fresh Record in 2025: Reuters Poll
European Stocks Echo Global Market Downturn on Tariff Risk; Auto Shares Slump
Date: November 26, 2024
By Joao Manuel Vicente Mauricio and Ankika Biswas (Reuters) -European shares fell across the board on Tuesday, led by automakers, as Donald Trump’s tariff threat on the United States’ largest trading partners prompted worries that the bloc might share the same fate in a likely global trade war. U.S. President-elect Trump, who takes office in...
ECB Will Keep Cutting Rates and Focus Shifting to Growth, Vp Says
Date: November 26, 2024
FRANKFURT (Reuters) – The European Central Bank will keep cutting interest rates as inflation falls and its focus is slowly shifting to growth, which is proving fragile, ECB Vice President Luis de Guindos told a Finnish newspaper. “Concerns about high inflation have shifted to economic growth,” Helsingin Sanomat quoted de Guindos as saying. “The trajectory...
Dollar Follows US Yields Lower After Bessent Treasury Nomination
Date: November 25, 2024
By Wayne Cole and Medha Singh (Reuters) -The dollar recoiled from two-year highs on Monday, tracking a sharp decline in U.S. Treasury yields amid trust that Donald Trump’s pick for the next U.S. Treasury secretary will promote more fiscal discipline than investors had been fearing. The euro was up 0.85% at $1.0506, recovering from a...
European Stocks Off Two-Week Highs as Energy Stocks Weigh
Date: November 25, 2024
By Joao Manuel Vicente Mauricio, Ankika Biswas and Pranav Kashyap (Reuters) -Europe’s main stock index slipped back from a two-week high as gains were limited by a slump in energy stocks, while market sentiment remained optimistic following the nomination of the new U.S. Treasury Secretary and encouraging remarks from the ECB’s chief economist regarding monetary...
Stocks Climb While Dollar Falls as Markets Cheer US Treasury Pick
Date: November 25, 2024
By Sinéad Carew and Nell Mackenzie NEW YORK/LONDON (Reuters) -MSCI’s global equities gauge rose and the dollar fell with U.S. government bond yields on Monday as investors welcomed the incoming U.S. President’s selection of fund manager Scott Bessent as the next U.S. Treasury Secretary. Wall Street indexes gained ground, with the S&P 500 and the...
Dollar Retreats From 2-year Peak After Trump Treasury Nomination
Date: November 25, 2024
By Wayne Cole and Medha Singh (Reuters) -The dollar retreated on Monday after a stellar run as the pick for U.S. Treasury secretary seemed to reassure the bond market about fiscal discipline, pulling yields lower and shaving some of the currency’s rate advantage. Yields on 10-year Treasuries slipped 6 basis points to 4.361% as President-elect...