Tag: Financial market reaction
ECB’s Rehn Warns of Weakened Growth Outlook and Rising Deflationary Pressure
The European Central Bank (ECB) has issued a warning regarding the weakened growth outlook and rising deflationary pressure in the economy. This caution comes from Olli Rehn, a member of the ECB's Governing Council.Rehn...
RBNZ Policy Meeting: Will Interest Rates be Cut by 25 or 50 bps?
The Reserve Bank of New Zealand is expected to announce a rate cut during their policy meeting on Wednesday. The decision to cut rates comes as inflation in New Zealand continues to slow down,...
China’s People’s Bank Cuts 14-Day Reverse Repo Rate to 1.85%
China's People's Bank of China (PBOC) recently made a significant move by cutting the 14-day reverse repo rate to 1.85%. This decision came as the PBOC injected 74.5 billion yuan liquidity into the banking...