_european-central-bank-expected-to-cut-interest-rates-weakening-currency-and-diverging-from-the-federal-reserve.jpg "European Central Bank Expected to Cut Interest Rates, Weakening Currency and Diverging from the Federal Reserve from aoa 2020 conference Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:45
👁 View: 13.1M times
✓ Published: 04-Jun-2024
👁 View: 13.1M times
✓ Published: 04-Jun-2024
Description:
The European Central Bank is expected to cut its interest rates on Thursday, which could lead to a weaker euro as the region's monetary policy diverges from that of the United States. The ECB is comfortable with this divergence, even if it means a weaker currency that could potentially stoke inflation. Recent data shows that underlying inflation in the euro area unexpectedly rose in May for the first time in a year, adding to the concerns about lingering consumer-price pressures. The ECB's decision will be accompanied by quarterly forecasts and a press conference, which will be scrutinized for hints of future policy intentions. Money markets are currently betting on two rate reductions this year, with a small chance of a third.
The European Central Bank is expected to cut its interest rates on Thursday, which could lead to a weaker euro as the region's monetary policy diverges from that of the United States. The ECB is comfortable with this divergence, even if it means a weaker currency that could potentially stoke inflation. Recent data shows that underlying inflation in the euro area unexpectedly rose in May for the first time in a year, adding to the concerns about lingering consumer-price pressures. The ECB's decision will be accompanied by quarterly forecasts and a press conference, which will be scrutinized for hints of future policy intentions. Money markets are currently betting on two rate reductions this year, with a small chance of a third.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_92.webp "The Get Right was live on-air as the Dallas Mavericks won the Western Conference for the third time in franchise history. Check out their reactions and celebration as the Mavs moved on to the NBA Finals!")
_olympiacos-celebrate-conference-league-triumph-over-fiorentina.webp "Olympiacos celebrate their win over Fiorentina after Ayoub El Kaabi's extra-time heroics")
_olympiacos-celebrate-conference-league-triumph-over-fiorentina.webp "Olympiacos celebrate their win over Fiorentina after Ayoub El Kaabi's extra-time heroics")
_39we39re-sorry39-italiano-suffers-more-conference-league-heartbreak.webp "Vincenzo Italiano reacts after his Fiorentina side lost in the UECL final for the second year in a row")
_celtics-end-of-series-awards-124-eastern-conference-finals-124-first-to-the-floor.webp "The Boston Celtics have closed out yet another series, which it means it's time for the First to the Floor end-of-series awards show! Jaylen Brown may have won the Larry Bird ECF MVP Trophy, but will he walk away with the coveted Jordan Crawford Series MVP Award? Who are the nominees for the esteemed Blake Griffin Vibesman Award? Dripping with unmatched prestige, these awards can make or break a legacy.<br/><br/>Please LIKE this video and SUBSCRIBE to the channel!<br/><br/>Check out last week's underrated plays vid: https://youtu.be/XW_3RrudGvA<br/>️Subscribe to the podcast: https://podcasts.apple.com/podcast/first-to-the-floor-a-boston-celtics-podcast/id1351038879<br/>Follow us on Instagram: https://www.instagram.com/firsttothefloor18/<br/>Watch live Celtics games with us: https://playback.tv/celticsblog<br/>Check out Spooney's latest column on CelticsBlog: https://bit.ly/3UCITHv<br/><br/>JOIN OUR DISCORD SERVER: https://discord.gg/H75UWjmtya<br/>Buy our MERCH, Support the show!: https://bit.ly/fttfmerch<br/><br/>#bostonceltics<br/>#celtics<br/>#postgame<br/>#firsttothefloor<br/>#jaysontatum<br/>#jaylenbrown<br/>#nba")
_olympiacos-fans-turn-athens-red-after-conference-league-triumph.webp "The streets of Athens were a sea of red as Olympiacos celebrated long into the night after the final")
_sigma-asia-2024-3-day-conference-kicks-off.webp "Sigma Asia 2024 3-day conference kicks off<br/> <br/>")
_olympiacos-celebrate-conference-league-triumph-over-fiorentina.webp "Olympiacos celebrate their win over Fiorentina after Ayoub El Kaabi's extra-time heroics")
_92.jpg)
_olympiacos-celebrate-conference-league-triumph-over-fiorentina.jpg)
_olympiacos-celebrate-conference-league-triumph-over-fiorentina.jpg)
_39we39re-sorry39-italiano-suffers-more-conference-league-heartbreak.jpg)
_celtics-end-of-series-awards-124-eastern-conference-finals-124-first-to-the-floor.jpg)
_olympiacos-fans-turn-athens-red-after-conference-league-triumph.jpg)
_sigma-asia-2024-3-day-conference-kicks-off.jpg)
_olympiacos-celebrate-conference-league-triumph-over-fiorentina.jpg)
![[+]](/images/menu.gif){kind=small}