Bank of Greece: There was an increase in deposit and loan rates in November 2023 – 2024-03-13 19:13:14

According to the Bank of Greece, deposit rates and loan rates increased in November 2023 with the result that the margin between them remained unchanged at 5.92%. In more detail, according to data from the Bank of Greece, the average weighted deposit rates and loan rates increased to 0.50% and 6.25% respectively, with the result … Read more

ECB: Interest rates remain unchanged – When will they be reduced? – 2024-03-08 18:25:44

The European Central Bank (ECB) is expected to leave key interest rates unchanged next Thursday, January 25, with interest in the meeting turning to whether its president, Christine Lagarde, will give any further indication of when to cut them. ECB President Christine Lagarde had avoided making any mention of a rate cut after the previous … Read more

CPI inflation report November 2023

2023-12-12 16:31:40 Prices across a broad range of goods and services edged higher in November but were mostly in line with expectations, further easing pressure on the Federal Reserve. The consumer price index, a closely watched inflation gauge, increased 0.1% in November, and was up 3.1% from a year ago, the Labor Department reported Tuesday. … Read more

Runway getting clearer, U.S. economy still not assured of soft landing

2023-12-08 20:47:21 A UPS seasonal worker delivers packages on Cyber Monday in New York on Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty Images November’s solid jobs report did not assure that the economy will come in for a soft landing, but it did help to clear the runway a little more. After all, … Read more

Gold prices continue to rise Qatar messenger

2023-12-01 14:20:00 With increasing bets on lowering US interest rates 01/12/2023 at 17:20 (Doha time) Gold prices rose in Asian spot transactions, today, Friday, in light of increasing bets on lowering interest rates in the United States of America to combat inflation. Gold rose in spot transactions by 0.2% to $2,039.42 per ounce, after recording … Read more

Here’s what it would take for the Fed to start slashing rates in 2024

2023-11-29 23:07:45 The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch | Bloomberg | Getty Images Interest rate cuts don’t happen during good times, something important for markets to remember amid hotly anticipated easing next year from the Federal Reserve. If the Fed … Read more

The market thinks rates will come down a lot. It could be let down

2023-11-15 19:57:44 Traders work on the floor of the New York Stock Exchange (NYSE) on November 15, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images Markets seem to have taken this week’s positive economic data as the all-clear signal for the Federal Reserve to start cutting interest rates aggressively … Read more