Tag: Rate cuts

June 07, 2024 BY Elizabeth Anderson

Expected ECB Rate Cuts Drive Global Stocks And Euro Uptick

Reuters indicated that the pan-European STOXX 600 climbed by 0.8% and the MSCI All World Country Index steadily approached a high during Thursday’s trading. This comes after the S&P 500 and Nasdaq both achieved new records in the wake of Nvidia Corporation (NVDA) overtaking Apple Inc. (AAPL) as the second most valuable tech giant worldwide.…

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May 28, 2024 BY Elizabeth Anderson

Key ECB Figures Hint At Possible June Rate Cuts

Based on CNBC information, the leader of the Bank of Finland and council member of the ECB, Olli Rehn, said that Euro bloc inflation is decreasing steadily. Data reflected an April 2024 inflation rate of 2.4%. This means that it has been below 3% for seven months straight. Don’t miss out the latest news, subscribe…

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