ECB’s Lagarde Sees June Rate Cut With Inflation ‘Under Control’
European Central Bank President Christine Lagarde indicated that an interest-rate cut is probable next month with the rapid gain in consumer-price growth now largely contained.
European Central Bank President Christine Lagarde indicated that an interest-rate cut is probable next month with the rapid gain in consumer-price growth now largely contained.
Federal Reserve Governor Christopher Waller said he needs to see several more good inflation numbers to begin interest-rate cuts, adding that holding rates steady for “three or four” months won’t tank the economy.
The share of Bitcoin trading that occurs during US market hours has reached an all-time high, accounting for 46% of this year’s cumulative volume through April, according to a cryptocurrency research firm.
Coffee futures surged, with robusta in London jumping the most intraday since 2010 as concerns grew over supply from key grower Vietnam.
Nobel laureate in economics Paul Krugman said it’s entirely unclear where interest-rate levels are headed over the medium term, with arguments in favor of both a return to pre-pandemic levels and a higher-for-longer outcome.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}