Explainer-What S&P’s ratings downgrade means for France
By Leigh Thomas PARIS (Reuters) – Standard & Poor’s (S&P) decision to downgrade its rating on France’s sovereign debt should in the short term deliver more political sting than pain…
ECB has significant room for rate cuts – Villeroy
PARIS (Reuters) – The European Central Bank has plenty of room for rate cuts and current market expectations for easing over the long-run are reasonable, ECB policymaker Francois Villeroy de…
ECB set scene for June rate cut at last meeting, account shows
FRANKFURT (Reuters) -Euro zone inflation remains on track to fall back to 2% next year, so European Central Bank policymakers will likely start cutting interest rates from a record high…
US 30-year fixed-rate mortgage falls to 7.09%, still too high to boost housing
WASHINGTON (Reuters) – U.S. mortgage rates fell this week for the first time in more than a month amid signs of slowing economic activity, but remain too high to provide…
BOJ’s Ueda signals possible rate hike if weak yen boosts inflation
By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday the central bank may raise interest rates again if the yen’s declines significantly push up inflation,…
Gulf markets tick down after Iran attacks Israel, global traders on edge
By Federico Maccioni and Alun John DUBAI/LONDON (Reuters) -Gulf markets dropped slightly on Sunday, an early indication of investor reaction to Iran’s unprecedented attack on Israeli territory, as investors prepared…
Analysis-Traders bet the ECB will chart its own rate cut path
By Yoruk Bahceli and Naomi Rovnick (Reuters) – Traders’ bets on multiple ECB interest rate cuts this year have barely been shaken by hot U.S. inflation that slashed Federal Reserve…