FRANKFURT, Germany (AP) -- European Central Bank head Mario Draghi says a weak eurozone economy has held back businesses from applying for loans despite the abundant cash made available by the central bank's massive amounts of cheap credit to lenders....

BING NEWS:
  • Breaking: RBA leaves interest rate unchanged at 4.35%, as expected
    The RBA’s preferred inflation gauge, the annual Trimmed Mean Consumer Price Index (CPI), slowed to 3.5% from 4.0% in the third quarter but stayed above the Bank’s 2%-3% target. The service-sector ...
    11/4/2024 - 2:36 pm | View Link
  • RBI may cut repo rate by 25 bps to 6.25% in December, say economists; volatile food prices remain a worry
    The RBI is expected to cut its key policy rate by 25 basis points to 6.25 per cent in December to stimulate economic growth, as inflation is projected to moderate.
    10/31/2024 - 9:12 am | View Link
  • Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut
    The fresh inflation print is seen as crucial in judging whether the European Central Bank could consider a half-percentage-point interest rate cut.
    10/30/2024 - 11:03 pm | View Link
  • Bank of England to cut Bank Rate to 4.75% on Nov. 7, say all 72 economists polled: Reuters poll
    The Bank of England will cut its Bank Rate by a quarter-point on Nov. 7 to 4.75%, according to all 72 economists polled by Reuters, but a near-two-thirds majority expect no move in December, ...
    10/28/2024 - 3:32 am | View Link
  • EUR/USD Update
    EUR/USD saw early gains on Thursday but fell as US PMI data exceeded expectations. Diverging economic paths and monetary policies between the US and Eurozone could impact EUR/USD.
    10/24/2024 - 8:45 am | View Link
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