The Bank of England held rates steady again Thursday with the European Central Bank expected to follow suit as inflation retreats, shifting investor attention to how fast policymakers will slash borrowing costs in 2024.
FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate at a record high Thursday and said it will leave it there as long as needed to
European Central Bank keeps its key interest rate at a record high. Now, when will it cut? | iNFOnews infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.
The European Central Bank froze borrowing costs again on Thursday but warned that inflation could pick up again in the near term, in an apparent pushback against market hopes of early rate cuts in 2024.The ECB's warning will likely be aimed at cooling investor expectations of faster rate cuts in 2024.
With inflation down, will European Central Bank cut interest rates? naharnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naharnet.com Daily Mail and Mail on Sunday newspapers.