ECB Cuts Interest Rates Again: A Bold Move to Tame Inflation
The ECB has announced another 25 basis points cut in key interest rates for the third consecutive meeting, lowering them to 3.00%, 3.15%, and 3.40%. This move aims to bring inflati...
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Slowdown in Economic Recovery: Lagarde's Latest Insights on Eurozone Growth
ECB President Christine Lagarde reports a slowdown in Eurozone economic growth for the current quarter, differing from September's estimate. The bank projects 0.7% growth in 2024.
Christine Lagarde Confirms ECB's Commitment to Achieving 2% Inflation Target
European Central Bank President Christine Lagarde reaffirms the bank's commitment to reaching a 2% inflation target during a recent press conference.
SNB's Schlegel: Negative Rates Remain a Powerful Tool for Future Economic Stability
SNB Vice Chairman Martin Schlegel reaffirms the effectiveness of negative interest rates and their potential future use, discusses their role in managing the Swiss franc, and comme...
Swiss National Bank Cuts Interest Rate Amid Declining Inflation
The Swiss National Bank has lowered its policy rate by 50 basis points to 0.50% amid decreasing inflationary pressure. The bank forecasts inflation rates and GDP growth, while noti...
South Korea's Fiscal Deficit Surges to 75.7 Trillion Won in First Ten Months
South Korea's fiscal deficit has surged to 75.7 trillion won from January to October, raising concerns about the country's fiscal health and economic stability. Despite increases i...
South Korea's Economic Policies Stalled by Impeachment Crisis and Budget Cuts
South Korea's economic policies are stalled by an impeachment crisis and budget cuts, particularly affecting support for semiconductors, AI, and nuclear power projects. Experts str...
EU Plans to Issue €90 Billion in Bonds to Support Recovery and Neighbouring Partners
The European Commission plans to issue up to €90 billion in bonds in the first half of 2025 to support the EU's recovery from the pandemic, strengthen its economy, and aid neighbou...
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