Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

ECB’s Rehn says inflation confidence will enable for charge cuts

FRANKFURT (Reuters) – European Central Financial institution rates of interest will maintain falling as policymakers are assured that inflation will stabilise on the financial institution’s 2% goal, Finnish central financial institution chief Olli Rehn mentioned on Wednesday. “We are actually…

Brazilian authorities officers renew fiscal stability pledge

SAO PAULO (Reuters) – Brazilian authorities officers on Wednesday reaffirmed their dedication to balancing public accounts, as monetary markets proceed to query the power of President Luiz Inacio Lula da Silva’s administration to satisfy its fiscal targets. Lula’s chief of…

ECB policymakers line up behind fee cuts

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -European Central Financial institution policymakers lined up behind additional rate of interest cuts on Wednesday, indicating that subsequent week’s discount is all however a performed deal and additional strikes may even come…