The European Central Bank (ECB) announced a 25 basis point cut to its key interest rates on Thursday, marking the first reduction in five years. ECB President Christine Lagarde stated that this decision was based on a reassessment of the inflation outlook, underlying inflation dynamics, and the effectiveness of monetary policy transmission. This move signals […]
Tag Archives: inflation concerns
What drives the stock market? It’s a question investors and economists grapple with constantly, as a myriad of factors contribute to its ebbs and flows. Recently, investors have been closely watching for signs of inflation and the potential impact of interest rate hikes. Let’s delve into some significant market movements and explore the underlying economic […]