European Central Bank is likely to cut once more in December
Our central scenario still has the ECB holding its deposit rate at 3.5 per cent in October and cutting to 3.25 per cent in December, but we have recalibrated the probability of back-to-back cuts in light of recent policymaker comments suggesting that the chance of additional easing is higher.
UniCredit’s effort to buy Germany’s Commerzbank is a test of a broader project to revive Europe’s vitality and stature in the ...
European banks are factoring climate risks into the terms of mortgages they grant, although they don’t fully grasp the ...
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy. Source: European Central Bank By The New York ...
Chinese stimulus policies boosted stock markets across Europe, particularly in sectors more exposed to Chinese consumer ...
Deutsche Bank said on Thursday it now anticipated a faster European Central Bank rate-cutting cycle, with back-to-back quarter-point rate cuts starting from December.
The profitability of Europe’s top banks hit a record high just as the European Central Bank cut interest rates for the first ...
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