Even in the euro zone, king cash is about to lose its throne
By Francesco Canepa FRANKFURT (Reuters) - Cash is close to losing its status as the main means of payment in the euro zone, traditionally one of the most resistant corners of the...
ECB should continue small rate cuts, Patsalides tells Reuters
-- The European Central Bank (ECB) should maintain a strategy of implementing small, gradual interest rate cuts, according to Cypriot policymaker Christodoulos...
Cautious Fed enters new phase as focus swings back to inflation
-- The Federal Reserve reduced its benchmark interest rate by 25 basis points on Wednesday, marking the third consecutive cut but signaling caution about the pace of...
No need for ECB to start stimulating growth, Patsalides says
By Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank should keep cutting interest rates by small increments and there is no need to ease policy to a level that starts...
Here are the key takeaways from Putin's annual press conference
-- On Thursday, Russian President Vladimir Putin expressed readiness for a dialogue with U.S. President-elect Donald Trump, while also discussing Russia's economic...
Norway keeps rates on hold, eyes three cuts in 2025
OSLO (Reuters) -Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as expected, and said it now planned to cut rates three times...
Fed cutting cycle could be almost over, BofA analysts say
-- As widely expected, the Federal Reserve announced a 25 basis points (bps) rate cut at its December meeting, bringing the target federal funds rate down to a range...
Philippines central bank cuts rates again, signals more ahead
-- The Central Bank of the Philippines (BSP) has cut its rates by 25 basis points to 5.75%, marking the third consecutive meeting at which rates have been reduced....
Capital Economics sees muted Saudi growth into 2025
Capital Economics released an analysis on Saudi Arabia's economic outlook, projecting subdued growth into 2025. The firm's forecast is based on the country's continued conservative...
Post Fed correction could last through January, Yardeni says
-- The sharp market reaction to the Federal Reserve’s latest hawkish interest rate cut signals the beginning of a much-anticipated correction in the financial...