LONDON MARKET CLOSE: Dwindling US Fed cut hope unnerves markets lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank held interest rates at a record high on Thursday but signalled it could start cutting as soon as June, even though stubbornly high U.S. inflation could stop the Federal Reserve from following close behind. The ECB has kept borrowing costs steady since…
Rate-setters in Frankfurt stood pat on rates on Thursday, but said that it would be correct to lower interest rates if its next set of projections, in June, increased their confidence that inflation was headed lower.
Eurozone Inflation Slows Less Than Forecast, Backing ECB Caution financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.