Indian benchmark indexes Sensex and Nifty hit new record highs on Thursday, mirroring gains in global markets as investors looked ...

BUFFALO, N.Y., Sept. 12, 2024 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and ...

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Mayo is the only county in Connacht where the commercial vacancy rate remained unchanged in the past year. The commercial ...

The European Central Bank will stick to its 2% symmetric inflation target as part of its 2025 Strategy Review, President ...

FRANKFURT - The European Central Bank (ECB) cut its key interest rate again on Sept 12 as inflation cools, but warned of continuing price pressures and gave no indication of the path ahead.

The ECB reiterated that it can’t commit to a specific course for borrowing costs. “We shall remain data-dependent,” ECB President Christine Lagarde told reporters in Frankfurt, adding that ...

The European Central Bank (ECB) delivered a widely anticipated rate cut on Thursday, lowering its key deposit rate by 25 basis points to 3.5% and marking the second reduction in the current cycle ...

ECB cut its key deposit rate by 25 basis points to 3.5%, as expected. The eurozone economy is struggling with weak demand, prompting downward revisions to growth forecasts.

We think that after some hesitation, the ECB will eventually have to cut rates more aggressively. Headline inflation is expected to come in at 2.5% in 2024, 2.2% in 2025 and 1.9% in 2026.

On Thursday, the ECB reduced its interest rates during its September meeting for the second time this year with the new rates set at 3.65% for main refinancing operations, 3.90% for the marginal ...