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(Bloomberg) -- The European Central Bank will continue to lower borrowing costs in 2025, according to Governing Council member Boris Vujicic. Most read from Bloomberg “The trend is clear, it is a continuation of the trend from 2024,…

Federal Reserve Chairman Jerome Powell surprised the markets on Wednesday evening.Jacqueline Martin/AP The Federal Reserve cut its benchmark interest rate on Wednesday to between 4.25% and 4.5%. The central bank also predicted…

In Israel in 2023, there were 1.98 million Israelis living below the poverty line, as defined by the National Insurance Institute, according to the OECD’s Poverty and Social Gaps Index published today. The poverty rate in…

Written by Ankur Banerjee SINGAPORE (Reuters) - Asian stocks fell and the dollar held near a two-year high on Thursday after the U.S. Federal Reserve warned it would ease the pace of interest rate cuts next year, while the Bank of Japan…

New data from the Office for National Statistics (ONS) has revealed that UK inflation rose to 2.6% in November, exceeding the Bank of England's forecast of 2.4% and 2.3% recorded in October. The surprise jump marks the second…

Stocks were clobbered Wednesday after the Federal Reserve, despite slashing interest rates by 25 basis points, signaled it would cut fewer times next year than previously projected. All three major reversed gains following the decision…

Bitcoin rose past $106,000 ATH late last night, tracking a 50% price rise since the US election result due to Donald Trump's support for cryptocurrencies. Its rise also comes after expectations of upcoming changes in interest…

The pound rose to its highest level against the euro in almost two years on Tuesday, rising 0.3 percent to €1.21. The pound's rise comes amid growing expectations that the European Central Bank will cut interest rates further this…

Breadcrumb Trail LinksPMN BusinessA year when inflation subsided enough for monetary policy easing to start in most advanced economies is about to conclude with a 24-hour flurry of decisions led by the Federal Reserve.Author of the…

President-elect Donald Trump rang the opening bell Thursday morning as technology stocks fell after new inflation data cast doubt on investors' confidence in the future path of interest rates. The Dow Jones Industrial Average (^DJI)…