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Tag: European Central Bank

Inflation is down in Europe but ECB in no hurry to make more rate cuts

Posted on July 3, 2024 By admin
Inflation is down in Europe but ECB in no hurry to make more rate cuts

Central banks don’t want to find inflation is more stubborn than they thought and reverse course.  | Photo Credit: REUTERS Inflation in the 20-nation eurozone crept lower to 2.5% in June, but remained stuck above the level favored by the European Central Bank (ECB), which is in no hurry to add more rate cuts after…

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Markets bounce back in early trade after 6 days of fall

Posted on October 27, 2023 By admin
Markets bounce back in early trade after 6 days of fall

Equity benchmark indices rebounded in early trade on October 27 after facing massive drubbing of late amid recovery in Asian markets. | Photo Credit: Paul Noronha Equity benchmark indices rebounded in early trade on October 27 after facing massive drubbing of late amid recovery in Asian markets. The 30-share BSE Sensex jumped 411.17 points to…

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