"The ECB's base rate should fall to around 2 percent around the autumn of 2025," Stournaras, the ECB's governing council and central bank governor, told Greece's Skai radio station, according to a transcript released Thursday by the Greek central bank. He said the forecast would still be subject to "unforeseen circumstances," citing risk factors in Europe and the United States. Economists and investors believe the region's economy is suffering as the ECB cuts interest rates at every meeting unti...
The performance of the US economic data released on Thursday was mixed, with the performance of the US dollar and US bond yields diverging. On the eve of the Bank of Japan meeting, the US and Japan were stable above 155, and the Bank of Japan needed to send a message of unexpected hawks... > >