Sweden’s central bank chief says 2 to 3 more rate cuts this year is a ‘forecast not a promise’
Erik Thedéen told CNBC the inflation outlook was more positive, particularly around inflation expectations and wage growth. Source link
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Central banking
Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
The Swiss National Bank trimmed its key interest rate by 25 basis points to 1.25% in its second cut of
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European markets open slightly higher as investors await Bank of England’s rate decision
European stocks opened slightly higher on Thursday, with U.K. investors looking ahead to the Bank of England's policy rate decision.
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Bank of England set to hold interest rates despite inflation hitting 2% target
Services inflation and wage growth both remain significantly above the level desired by monetary policymakets. Source link
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Taylor Swift’s London Eras Tour could delay Bank of England rate cut, analysts say
Taylor Swift's record-shattering Eras Tour is continuing to supercharge local economies during its U.K. leg, potentially impacting future interest rates.
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Bank of Japan set to reduce JGB purchases, stands pat on interest rate
The BOJ said it will collect views from market participants on the reduction of Japanese government bond buying and present
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European Central Bank set to cut rates for the first time since 2019
It will mark the official end to the record fast-hiking cycle that begun after the Covid-19 pandemic as inflation soared
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Turkey’s inflation passes 75% in what economists believe is peak
Turkey’s inflation passes 75% in what economists believe is peak CNBC Turkish inflation hits 75% but minister says worst is over Financial
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Turkey’s inflation passes 75% in what economists believe is peak
Inflation in Turkey topped 75% in May in what economists expect to be the peak before prices start to ease.
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