Markets stumble into rate-cut waiting room as central banks stand firm zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Traders eager for central banks to declare the start of interest rate cuts were dealt a further blow on Thursday as the Bank of England joined the U.S. Federal Reserve in dousing hopes of imminent monetary easing. The BoE held rates at 16-year highs and said it needed more evidence that price pressures were falling sustainably before shifting course. The Fed on Wednesday meanwhile shot down market bets for a March rate cut, sparking Wall Street's biggest daily rout since September.
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Traders eager for central banks to declare the start of interest rate cuts were dealt a further blow .
A proclamation designating Jan. 9 as National Law Enforcement Appreciation Day was adopted unanimously by the Pikeville city commission during its Jan. 8 meeting.
Stifel U.S. Freeski Team halfpipe team athletes showed up in the Secret Garden, China, halfpipe finals with Alex Ferreira taking home first, Hanna Faulhaber second and Hunter Hess third.