UK inflation falls to 2.5% in December, boosting FTSE 100 and European markets. This unexpected drop fuels optimism for potential Bank of England interest rate cuts in February.
UK Inflation Falls to 2.5%, Boosting FTSE 100 and European Markets Read More »
UK inflation cooled to 2.5% in December, sparking speculation of Bank of England rate cuts. Lower hotel and tobacco costs drove the decline, exceeding market expectations and increasing the probability of future rate reductions.
UK Inflation Cools Down in December, Sparking Rate Cut Speculation Read More »
Mark Carney initially pushed for near-zero UK interest rates after the 2016 Brexit vote, newly released transcripts reveal. He ultimately compromised, cutting rates to a then-record low of 0.25% to maintain MPC consensus.
Mark Carney Initially Pushed for Near-Zero Rates Post-Brexit Vote Read More »
Philippines Central Bank cuts benchmark interest rate to 5.75%, the third consecutive reduction. Further easing is signaled for 2025, amid global uncertainty and a focus on domestic economic data.
Philippines Central Bank Cuts Rates, Signals Further Easing Amid Global Uncertainty Read More »
US job openings unexpectedly rose to 8.1 million in November, signaling persistent worker demand despite a cooling trend. This surpasses October’s figures and indicates continued economic strength.
US Job Openings Unexpectedly Rise in November, Signaling Continued Demand for Workers Read More »
Oil prices stabilized as markets weighed the effects of cooling US inflation on Chinese demand and potential interest rate cuts. While slightly up, both Brent and WTI saw weekly declines amid ongoing global supply and demand uncertainties.
Oil Prices Steady as Market Weighs Chinese Demand and US Interest Rate Cuts Read More »
Markets await key inflation data (CPI, PPI) due Wednesday and Thursday, impacting the Fed’s likely rate decision at its December meeting. This data will signal whether the Fed cuts rates by 25 basis points or adjusts its monetary policy stance.
Market Holds Breath as Inflation Data Looms, Influencing Fed’s Next Move Read More »
US stocks rallied Friday as November’s jobs report hinted at a Fed rate cut in December. The report showed solid job growth but a slight rise in unemployment, encouraging hopes for a “Goldilocks” scenario.
November Jobs Report Fuels US Stock Market Rally, Hints at Fed Rate Cut Read More »
ECB cuts key interest rate to 3% amid slowing eurozone growth and political uncertainty. The move aims to stimulate economic activity as inflation nears the 2% target and concerns rise about trade and political instability.
ECB Cuts Rates Amidst Weakening Growth and Political Uncertainty Read More »
Brazil’s central bank confirmed two 100 basis point rate hikes are likely, despite investor expectations of more aggressive action. This reinforces the bank’s commitment to controlling inflation amid economic growth and fiscal concerns.
Brazil Central Bank Signals Commitment to Two 100 Basis Point Rate Hikes Read More »
