ECB cuts interest rates by 25 basis points but warns on ‘elevated’ inflation June 6, 2024 A number of smaller central banks have already started cutting interest rates, including the Swiss, the Swedish and the Canadian.
ECB to cut interest rates but path beyond June ‘still open’ June 6, 2024 "The rationale behind the cut will be to very gradually reduce the level of monetary policy restrictiveness without ending restrictiveness," Carsten Brzeski, ING's global head of macro said.
FTSE 100 today: UK stocks set to open higher as rate cut odds strengthen; ECB in focus June 6, 2024 Asian markets mirrored Wall Street's surge. All eyes are on the ECB's likely rate cut and Christine Lagarde's press conference.
Raine Group and Deloitte to advise on sale of Hundred teams May 30, 2024 The ECB will be advised by the Raine Group and Deloitte over the sale of Hundred teams to private investment. Stakes in each of the eight teams will become an investable asset and it is understood that there is interest from private firms both in Europe and in the likes of the United States and [...]
ECB hit record turnover with Hundred and women’s Ashes contributing May 14, 2024 The ECB have seen their turnover increase to £336.1m from £334m in the financial year to 31 January, with profit increasing from £21.1m to £27.9m.
Ed Warner: How do we value sport and the draw of much needed money April 25, 2024 After World Athletics announced it would be paying its Olympic gold medallists, a fresh debate has opened up around money for our athletes and the draw of cash in sport for bodies. Ed Warner writes. The British Olympic Association seats its gold medallists in the front of the plane carrying its team home from a [...]
Traders expect fewer Bank of England interest rate cuts after US inflation surprise April 11, 2024 Markets think the Bank of England will cut interest rates just twice in 2024 reflecting concerns around the persistence of inflation.
Euro inflation falls faster than expected as markets look for clues on interest rate cuts April 3, 2024 The ECB left interest rates on hold at its March meeting, warning that price pressures remain high "owing to strong growth in wages".
ECB and Fed more concerned by risk of persistent inflation than slow growth, minutes suggest February 22, 2024 The ECB and the Fed are more concerned about a premature easing in monetary policy than potentially squashing the economy.
European inflation edges down to 2.8 per cent as ECB rate cut speculation mounts February 1, 2024 Euro area inflation fell to 2.8 per cent in January, down from 2.9 per cent in December, as markets speculate when the European Central Bank will begin to cut interest rates The data came after a sharp uptick for the continent in December, when inflation rose from 2.4 per cent from November to 2.9 per [...]