ECB cuts interest rates by 0.25% to 3.5%

Sharing is Caring!

Interest rates came down over Euro area so FED likely to follow next week whereas as bank of japan remains hawkish on interest rates.

See also  Gold miners' stocks have surged, reflecting bullish sentiment and rising interest, while central banks hold the highest gold reserves since the 1990s.
See also  Germany faces a wealth trap: Low homeownership, negative savings rates, and a failing economic model.

ECB: www.cnbc.com/2024/09/12/live-updates-european-central-bank-interest-rate-september.html

FED: finance.yahoo.com/news/u-inflation-declined-more-august-123959854.html

BoJ: www.reuters.com/markets/rates-bonds/bojs-tamura-calls-raising-rates-least-1-2024-09-12/

 

h/t Infamous_Sympathy_91


Views: 22

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.