The European Central Bank cut interest rates again on Thursday as inflation slows and economic growth falters, but provided almost no clues about its next step, even as investors bet on steady policy ...
“If it weren't for sticky core services... this would be a very cold 50bps cut report,” Viraj Patel, senior strategist at Vanda Research, said in a post on X (formerly Twitter).
U.S. inflation remains “on the right path” despite core prices coming in slightly hotter than expected in August based on the latest reading of the consumer-price index, according to BlackRock’s chief ...