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US stocks gained after firm data, dovish ECB rate hike and PBoC RRR cut - Newsquawk Asia-Pac Market Open

European Central Bank hikes rates, signals extended rate pause

The European Central Bank (ECB) delivered a tenth straight rate hike this week, raising its Deposit Rate 25 bps to 4.00%. However, many other elements

ECB expected to leave interest rates unchanged as economic fears deepen

Poll shows analysts split on an ECB rate hike next week

Poll shows analysts split on an ECB rate hike next week
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ECB Still Seen Delivering One Last Hike in September, Poll Shows

(Bloomberg) Unmoved by recent signs that inflation pressure is abating, economists continue to predict that the European Central Bank will deliver one final increase in interest rates next month.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaOutsider Milei Upends Argentina’s Election With Primary WinGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Zuckerberg Says ‘Time to Move On’ From Musk Cage FightThe Fed Is Playing a Waiting Game to T

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