News list for " reserve relaxation"

Money markets upped their bets on the Federal Reserve easing far more than policymakers expected. Soon after, they also upped their bets that the European Central Bank would follow the Fed's lead in cutting interest rates. Traders now see a 60 per cent chance of a 50 basis point cut by the ECB in September, having fully digested expectations that the Fed will cut rates by 50 basis points in September. Meanwhile, the chances of a 25 basis point cut by the Bank of England are rising. These bets ar...

2024-08-05 15:02:19