Austria’s Nowotny says ECB will be cautious when raising rates in future
Austria’s central banker Ewald Nowotny said that the European Central Bank is likely to communicate its intentions to raise again interest rates when the inflation...
interest rates
Draghi rejects German criticism, calls on Berlin carry its weight
European Central Bank President Mario Draghi rejected German criticism of the bank’s super-loose monetary policy on Wednesday, calling sub-zero interest rates a necessity and urging...
Fed expected to keep rates unchanged, may signal year-end hike
By Lindsay Dunsmuir The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday amid tepid inflation and recent weak economic data, but...
ECB’s Draghi says looking at options to drive QE forward
European Central Bank President Mario Draghi said on Thursday the bank was looking at options to ensure it could pursue its unprecedented money-printing programme, with...
Sterling firm near 7-week highs on robust UK data
Sterling rose to trade near a 7-week high against the dollar on Tuesday, amid expectations that Britain had probably dodged a recession in coming months...
Bank of England cuts rates, ready for ‘whatever action necessary’ after Brexit vote
The Bank of England cut interest rates on Thursday for the first time since 2009, revived its bond-buying programme and said it would take “whatever...
ECB keeps policy steady, sees Brexit initially contained (Updated)
The European Central Bank kept its interest rates and policy plans unchanged on Thursday and said the immediate stress caused to markets by Britain’s shock...
After failed coup, Turkey’s central bank cuts rates again
Turkey’s central bank cut interest rates for the fifth straight month on Tuesday, lowering its overnight lending rate by an expected 25 basis points days...
Sterling trims gains, shares rise as Bank of England signals August cut
Sterling slid off a two-week high on Thursday and British share prices rose modestly on expectations that the Bank of England would ease monetary policy...
Bank of England surprises markets by keeping rates on hold, signals August move
The Bank of England kept interest rates unchanged on Thursday, wrong-footing many investors who had expected the first cut in more than seven years with...
