piles of debt and fueled rampant speculation, especially in the housing market. Bolder action now, such as an interest rate cut , may only result in more money going into speculative and potentially destabilizing activity rather the real economy
* Fitch warns of risk of populist pressure for rate cut (Updates market prices, adds comment on inflation outlook)
t stop QE but the economy is growing. Remember When it Was Cool to be Paid in Euros With the ECB announcement of a rate cut and asset purchases the Euro is now down 7% vs. the Dollar over the past four months. I talk to a lot of clients who
BUDAPEST, Sept 10 (Reuters) - The European Central Bank's recent interest rate cut and stimulus measures support Hungary's central bank in keeping local interest rates low for a sustained period, rate-setter Csaba Kandracs told national news agency MTI on Wednesday.
PARIS, Sept 10 (Reuters) - European stocks fell for a fourth straight session on Wednesday, erasing what was left of the gains spurred by the European Central Bank's rate cut and other measures introduced last week to support the region's economy.
PARIS, Sept 10 (Reuters) - European stocks fell for a fourth straight session on Wednesday, erasing what was left of the gains spurred by the European Central Bank's rate cut and additional measures unveiled last week to support the region's economy.
in the towel on that call, and upgrades equities to overweight over the next three months. The team notes the ECB's rate cut and asset purchase program last week as lowering the risk from an imminent rise in bond yields. The 10-year Treasury
term speculative market has amassed a significant short euro position. Although the ECB may have surprised many with the rate cut and the clear commitment to ABS/covered bond purchases, the market has anticipated an increasing divergence between
soon [ see more below ]. But can the US remain decoupled from the problems abroad? The ECB brought its fore hoses [ rate cut ; ABS & covered-bond purchases ] to rescue the euro-zone that represents 20% of the global output. And with fighting
Sept 5 (Reuters) - More speculators turned bearish on U.S. 10-year Treasury note futures ahead of the European Central Bank's surprise interest rate cut on Thursday and a weak U.S. payrolls report on...