Eurozone inflation slows to 2.5% in June, boosting ECB rate cut hopes
Eurozone inflation eased to 2.5% in June, in line with expectations. Belgium's inflation hit a 10-month high, while Germany saw a decline. ADVERTISEMENTFollowing a brief…
Euro 2024: Rate the Ukraine and Belgium players
Ukraine are out of Euro 2024 after a 0-0 draw with Belgium in their final Group E game - a result which meant Kevin de…
Rate the players in England's game against Slovenia
England's final Euro 2024 Group C match against Slovenia is under way and you can rate the players from both sides out of 10. Source…
Fed’s Key Inflation Gauges May Offer Path to Rate Cuts: Eco Week
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve’s favored inflation yardsticks are poised to show the tamest monthly advances since late last year — a stepping stone…
Bank of England keeps rate on hold: Investors raise August rate cut bets
The Bank of England kept the Bank Rate at 5.25% in June, with two MPC members favouring a 0.25% cut. Inflation rate hit the 2%…
UK inflation rate hits target of 2%: Is this a signal for rate cuts?
The United Kingdom's overall inflation rate fell to 2% year-on-year in May, hitting the Bank of England's target for the first time since July 2021,…
Market lookahead: All eyes set on BoE, SNB and RBA rate decisions
Three central banks - the Bank of England (BoE), the Swiss National Bank (SNB), and the Reserve Bank of Australia (RBA) - are set to…
Fed rate decision: Implications on the European stock markets
European stock markets recoup most of their losses from earlier in the week following the release of US CPI data. Regional markets poised to open…
Fed Signals One Rate Cut This Year, But Keeps Door Open to Two
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials dialed back their expectations for interest-rate cuts this year, though Chair Jerome Powell kept the door open for more…
Fed holds US interest rate steady in June warning of just one possible cut this year
The policymakers' forecast for one rate cut was down from a previous forecast of three, because inflation, having cooled in the past two months, remains…
Fed Officials Dial Back Rate Forecasts, Signal Just One ’24 Cut
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep…
Interest rate cuts: 5 ways to prepare your portfolio
Breadcrumb Trail LinksInvestorInvestors can still look to tilt their portfolio in certain ways to position themselves for possible longer-term gainsPublished Jun 12, 2024 • 4…
Lord Mayor Adrian Schrinner announces Brisbane City Council budget rate rise, changes to short-stay accommodation
Brisbane ratepayers will face an above-inflation rate rise of 3.8 per cent next financial year under Lord Mayor Adrian Schrinner's first budget since winning re-election…
Thailand to Hold Rate Again as Government Piles Pressure to Ease
Breadcrumb Trail LinksPMN BusinessThailand’s central bank is poised to maintain its benchmark interest rate at a decade high on Wednesday as spending and inflation gather…
Warner Bros. Discovery raises Max subscription price amid streaming inflation
Warner Bros. Discovery is raising the cost of ad-free subscriptions to its streaming platform, Max. The New York-based entertainment behemoth announced Tuesday that the price…
Tokyo’s local government will launch a dating app to try and boost Japan’s falling birth rate
In short: Japan's capital Tokyo will develop a dating app to try and help boost the country's falling birth rate.The app will require people to…
Column: Newsom gets moving on California’s homeowner insurance crisis
SACRAMENTO — Gov. Gavin Newsom has proposed urgency legislation to expedite the hiking of homeowner insurance rates. It’s about time. Because the alternative for many is…
Week ahead: ECB rate decision and EU elections take centre stage
European financial markets are set to react to two major events: the European Central Bank's rate decision and the EU Parliamentary elections. ADVERTISEMENTIt will be…
ECB Rate Cut Will Be Rare Bright Spot in Troubled Euro Region
Breadcrumb Trail LinksPMN BusinessThis week’s interest-rate cut is a milestone for the European Central Bank.Author of the article:Bloomberg News Mark Schroers and Alice GledhillPublished Jun…
Asian Stocks Eye Early Gains as Rate Cut Bets Firm: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian stocks are set to gain in early trading, following US peers on Friday, as expectations for Federal Reserve rate cuts were…