(Bloomberg) The pace of European Central Bank interest-rate cuts must match the gradual slowdown of euro-area inflation, according to Governing Council member Martins Kazaks.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteEbrahim Raisi, Iranian President Confronting West, Dies at 63Speedier Wall Street Trades Are Putting Global Finance On EdgeSaudi Crown Prince Postpones Japan Trip Over King’s HealthChina’s Housing Rescue Too Small to End Crisis, Analysts
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks eked out modest gains on Monday as investors welcomed stimulus measures in China to support the country's property sector and pondered the outlook
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks eked out modest gains on Monday while European sovereign bond yields edged up as investors reacted to the latest comments from Fed and ECB officials.
European stocks edged up slightly on Friday as investors welcomed stimulus measures in China to support the country's property sector and pondered the outlook for rates.
ECB Governing Council member Martins Kazaks indicated in a Bloomberg Adria interview that the central bank is nearing its 2% inflation target, paving the way for interest rate cuts. However, he emphasized that any reduction in rates should be "cautious" and "gradual," and that the process should not be rushed.