SEOUL, July 24 (Reuters) - The South Korean won suffered its worst day in a week on Thursday after second-quarter economic growth came in weaker than expectations, raising chances of an interest rate cut as soon as next month.
t raise interest rates, stock prices joyfully leapt higher, reminiscent of 2007. Back then, every Fed meeting with no rate cut was occasion for ecstatic joy in the equity pits. That may seem counterintuitive, but every momentum market knows how
* Lira firms slightly after rate cut (Adds analyst comment, details)
STOCKHOLM, July 16 (Reuters) - sThe majority of Swedish rate-setters are firmly focused on weak inflation, leaving room for another rate cut if prices fail to rise as expected, minutes of the most...
on Wednesday after comments from the country's finance minister and central bank governor increased expectations of a rate cut , although slightly better-than-expected China growth data erased some losses. The local currency was quoted at 1
* Finance minister shuts door on supplementary budget plans
WARSAW, July 15 (Reuters) - Poland's still low inflation rate is an argument for the central bank to consider a rate cut before the end of the year, central bank rate-setter Elzbieta Chojna-Duch said on Tuesday.
against the dollar, recouping about 2/3 of what it lost the prior week in response to the unexpectedly large (50 bp) rate cut . Higher than expected inflation (doubling of the underlying rate to 0.8% year-over-year and a rise of 0.2
SAO PAULO, July 11 (Reuters) - Money managers at Credit Suisse Group AG's CSHG Verde FIC FIM, the biggest Brazilian hedge fund, are betting the nation's central bank will soon begin to cut interest rates to revive a flagging economy.
PARIS, July 10 (Reuters) - The Bank of France recommended on Thursday cutting to a fresh record low the regulated interest rate on tax-free savings accounts hugely popular with the French public.