Traders boost bets on Fed rate cuts this year, starting in September

Traders on Wednesday boosted bets that the Federal Reserve will cut interest rates by September after a U.S. government report showed consumer inflation cooled more than expected last month. After the consumer price index was reported not to have risen at all in May from a month earlier, short-term...

https://www.hellenicshippingnews.com/traders-boost-bets-on-fed-rate-cuts-this-year-starting-in-september/

France needs clarity around budget strategy after snap election, says ECB’s Villeroy

France needs quick clarity around the budget strategy for the country once a snap parliamentary election is over,Bank of France chief and European Central Bank (ECB) policymakerFrancois Villeroy de Galhau said on Wednesday. French bonds and stocks have underperformed other European markets this...

https://www.hellenicshippingnews.com/france-needs-clarity-around-budget-strategy-after-snap-election-says-ecbs-villeroy/

ECB’s Rehn sees considerable progress in bringing inflation down to target

The European Central Bank’s monetary policy has successfully dampened price pressures, Finnish ECB policymaker Olli Rehn said on Tuesday. The ECB cut its policy rate from a record high last week but did not give any clear indication about further reductions as the outlook for inflation has become...

https://www.hellenicshippingnews.com/ecbs-rehn-sees-considerable-progress-in-bringing-inflation-down-to-target/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon