Painful high rates wake-up call threatens global markets | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
The European Central Bank sent a strong signal that it would consider cutting interest rates at its next meeting in June after holding them at all-time highs.
(Bloomberg) European Central Bank interest-rate setters are starting to position themselves for the next debate as a first cut in June becomes increasingly certain and inflation continues to slow. Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the MarketSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomNetanyahu Pulls Some Troops From Gaza and Says Victory Near
Inflation Data Likely to Keep Fed on Track to Hold Steady; U.S. GDP Surges; ECB Ends Rate-Hike Run; Bank of Russia Lifts Key Rate Again By Michael Maloney Good day. The Federal Reserve s.