ECB lowers rates and eyes more cuts as economy sags
The European Central Bank cut interest rates on Thursday for the third time this year, saying inflation in the euro zone was increasingly under control while the outlook for the bloc's economy was worsening.
ECB decision: Interest rates cut by quarter-point as 'disinflationary process is well on track.'
He expects a quarter-point cut in December, to take the main rate down to 3%, and cuts at every meeting after that until June. For investors, he said investment-grade fixed income still offers an attractive chance to secure higher yields, and he said small- and mid-cap stocks in Europe offer attractive value and should benefit from the rate cuts.
ECB's Rate Cut Strategy: Impact on Euro Zone Bond Yields
The European Central Bank's 25 basis points rate cut, anticipated by investors, has led to mixed bond yields in the euro zone. While long-term yields rose slightly, short-term yields fell. With rising U.
Instant view: ECB cuts key rates again
The European Central Bank cut interest rates for the third time this year on Thursday, pointing out that inflation in the euro zone is now increasingly under control and the economic outlook has worsened.
Rates Spark: Markets Positioned For Back-To-Back ECB Cuts
Markets are already fully pricing in four consecutive 25bp cuts, which prevents the front end of the curve from going much lower based on current economic data. Read more
Euro Zone Bond Yields Slide on Anticipated ECB Rate Cut
Euro zone bond yields hit a one-week low in anticipation of a European Central Bank rate cut. Markets expect a third quarter-point reduction. Cooling inflation data and growth concerns shape ECB outlook amid geopolitical tensions.
Rapid disinflation prompts ECB rate cut without signs of urgency
Lagarde said the move was motivated by a more rapid disinflation than the ECB expected, with this data corroborated by all activity data “moving in the same direction” - downward The decision to cut rates in October highlighted the bank’s commitment to flexibility and data dependency even if that reversed the communication from the September meeting.
European shares headed for weekly gains after ECB rate cut
European shares opened muted on Friday, after the European Central Bank's latest rate cut and upbeat earnings prompted strong gains in the previous session, with the main stocks gauge headed for a second weekly rise.
ECB cuts interest rates
The European Central Bank has cut interest rates to support a slowing Eurozone economy.
Materials Gain After ECB Cuts Rates - Materials Roundup
Producers of metals and other raw materials rose after the European Central Bank cut its interest rates. Gold futures, which are particularly sensitive to rate moves, rose to new all-time highs. Paint maker PPG agreed to sell its architectural-coatings business in the U.
Danish Central Bank Cuts Key Rate in Line With ECB Move
Denmark’s central bank mirrored its European counterpart and cut its benchmark interest rate by 25 basis points in order to protect its currency peg.
Anticipated ECB Rate Cut Shouldn’t Move Short-Dated Bond Yields Much
Short-end eurozone government bond yields are unlikely to fall meaningfully if the European Central Bank cuts interest rates by 25 basis points in a decision due at 1215 GMT as this is widely expected ...
Euro and government bond yields steady as ECB cut matches expectations
The market expected the European Central Bank to cut rates by 25 basis points and so the moves after the event are meagre. The euro was barely changed beforehand and remains that way around $1.0862.
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Euro zone bond yields hold steady as traders look to ECB decision
U.S. bond markets were closed on Monday and the economic data calendar was sparse, leaving investors looking towards the ECB ...
ECB cuts interest rates by 25 bps to 3.25% in third straight reduction amid fading inflation to support growth
The European Central Bank lowered interest rates for the third time this year as a hastier retreat in inflation allows it to ...
UK’s Borrowing Costs Outweigh Germany’s by Most in a Year
UK bonds are paying the most over German equivalents in over a year amid expectations the European Central Bank will cut ...
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Euro zone bond yields tick higher ahead of ECB decision
Germany's 10-year bond yield, the benchmark for the euro zone bloc, rose 2.7 basis points (bps) to 2.203% after falling 10 bps over the previous two days ...