Swiss central bank cuts rates by a quarter point
Central banks started cutting interest rates months before the Fed
The Fed finally cut interest rates last week, joining a global party consisting of several banks across the world.
European Central Bank is likely to cut once more in December
Our central scenario still has the ECB holding its deposit rate at 3.5 per cent in October and cutting to 3.25 per cent in December, but we have recalibrated the probability of back-to-back cuts in light of recent policymaker comments suggesting that the chance of additional easing is higher.
Swiss central bank cuts rates by a quarter point in third trim this year
The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate down by 25 basis points to 1.0%. The reduction comes amid subdued domestic inflation and a rally in the Swiss franc.
Swiss National Bank hints at further rate cuts after latest reduction
The Swiss National Bank reduced interest rates by 25 basis points on Thursday, echoing steps to lower borrowing costs by the European Central Bank and U.S. Federal Reserve, and left the door wide open for more rate cuts as inflation cools sharply.
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, have taken a more cautious approach.
Swiss central bank lowers rates and flags further cuts as inflation eases
THE Swiss National Bank reduced interest rates by 25 basis points on Thursday (Sep 26), echoing steps to lower borrowing costs by the European Central Bank and US Federal Reserve, and left the door wide open for more rate cuts as inflation cools sharply.
Czech central bank cuts rates with more reductions expected
The Czech Republic's central bank has cut its key interest rate for the seventh time in a row, in a response to slowing inflation. The cut, which had been predicted by analysts, brought the interest rate down by a quarter-point to 4.25%.
Column-Swiss vignette in central banking 'plus ca change': Mike Dolan
The fashionable idea that the world economy has arrived in a new more inflationary regime post-pandemic may ring hollow in Switzerland - one small vignette questioning how durably things have changed for the world's big central banks.
Swiss Central Bank Delivers Third Straight Rate Cut
Switzerland’s central bank cut its key interest rate for the third straight meeting as it pivots away from worries about high inflation toward concerns about the impact of a strong currency on exporters.
EU Bank Profitability Hit Record Just as ECB Started Rate Cuts
The profitability of Europe’s top banks hit a record high just as the European Central Bank cut interest rates for the first ...
Deutsche Bank says now expects a faster ECB rate-cutting cycle
Deutsche Bank said on Thursday it now anticipated a faster European Central Bank rate-cutting cycle, with back-to-back quarter-point rate cuts starting from December.
European stocks set to open higher with central bank decisions in focus
LONDON — European stocks are set to open higher Tuesday, as upcoming central bank meetings remain in focus. The FTSE 100 was ...
European Banks Are Factoring Climate Risks Into Loans, ECB Says
European banks are factoring climate risks into the terms of mortgages they grant, although they don’t fully grasp the ...
France could get deficit to EU limit in five years, says Bank of France head
It is not realistic for France to lower its deficit to 3% of GDP within three years but it could be possible within five ...
Orcel, the Dealmaker Determined to Redraw Europe's Banking Map
In his latest battle, Commerzbank's incoming CEO Bettina Orlopp has pledged to keep the bank independent and trade unions to ...
European markets edge lower as China stimulus rally fades; Sweden's central bank cuts rates
European stocks were slightly lower Wednesday, paring gains from the previous session on the back of Chinese stimulus ...
Commerzbank fight is stress test for EU bank union
Commerzbank has long been an also-ran in European banking. Its balance sheet is roughly one-fifth as large as French rival ...