Tag: european central bank
fed rate cut: Fed opens up policy space around the world without feeding panic
The Federal Reserve’s bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the policy horizon…
ECB Should Maintain Gradual Approach to Rate Cuts, Lane Says
The European Central Bank should stick with its cautious stance on lowering interest rates, Chief Economist Philip Lane said — further strengthening expectations for the…
Eurozone economic downturn steepens in July
BRUSSELS: Eurozone economic activity shrank at its fastest rate in eight months in July, as a contraction gathered pace on the back of cuts in…
Man joins VIP convoy, hugs German chancellor; security breach under investigation
BERLIN: German police have been left red-faced after a member of the public was able to slip into a VIP convoy for Chancellor Olaf Scholz…
Indian economy: Expecting slowdown in Indian economy to 6.1% in 2023 from 6.8% in 2022, says IMF
The International Monetary Fund (IMF) has retained India’s FY23 growth forecast at 6.8%, terming the country a bright spot and major engine of growth amid…