ECB’s Schnabel Sees Only Limited Room for Further Rate Cuts
The European Central Bank needs to be wary of cutting interest rates too far as borrowing costs are already near a level that no longer restrains the economy and going lower could backfire, according to Executive Board member Isabel Schnabel.
Interest rates are nearing neutral territory, ECB's Isabel Schnabel has said, backing gradual cuts amid persistent inflation.
On the eurozone calendar today is the European Commission confidence data for November (downside risks) and German inflation ...
Markets have fully priced in a 25 basis point interest rate cut from the ECB in December, which would mark its fourth cut of ...
Global stock markets rallied on Friday, with Wall Street crowning November with its biggest monthly gain in a year on ...
Asian shares slipped on Friday while the yen was aiming for its best week in four months as strong local inflation data had ...
EUR/AUD eased on Thursday as trading volumes thinned ahead of the U.S. Thanksgiving holiday. The euro eased against ...
NEW YORK (Reuters) -The yen jumped to a six-week high against the dollar on Friday after faster-than-expected inflation in ...
EUR/USD drops on Thursday as the US Dollar (USD) recovers after a weak Wednesday. However, the near-term outlook of the Euro ...
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