_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 magicseaweed uk forecast 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: 12.1M times
✓ Published: 04-Jun-2024
👁 View: 12.1M 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
Related Videos
_love-island-uk-season-11-episode-1.webp "Love Island UK Season 11 Episode 1")
_how-to-read-the-surf-forecast-everything-you-need-to-know.webp "Dan Harmon")
_crazy-storm-weather-in-the-uk.webp "Tom Court - FREE RIDE VLOGS")
_a-weekend-in-the-north-east-uk.webp "magicseaweed")
_uk-weather-forecast-10-day-trend-11-12-2023-more-wind-and-rain-to-come-over-the-next-few-days.webp "UK Weather Forecast Channel")
⏲ 3 minutes 51 seconds 👁 4K
_met-office-evening-weather-forecast-0392-0692-24-remaining-cloudy-in-the-south.webp "This evening will still mostly under cloudy skies especially over southern parts of the UK, however places such as Scotland and northern England will see clear skies for the majority. Unsettled conditions in the far north of Scotland will be taking place with blustery showers and stronger winds, fairly dry everywhere else. – This is the Met Office UK Weather forecast for the evening of 03/06/24. Bringing you today’s weather forecast is Alex Burkill.<br/>")
_exploring-hiva-oa-smiling-tiki-amp-fatu-hiva-waterfalls.webp "Sailing Paradise Falls")
Related Video Searches
Back to Search
Search Videos
Recent Searches
×
(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!)
_love-island-uk-season-11-episode-1.jpg)
_how-to-read-the-surf-forecast-everything-you-need-to-know.jpg)
_crazy-storm-weather-in-the-uk.jpg)
_a-weekend-in-the-north-east-uk.jpg)
_uk-weather-forecast-10-day-trend-11-12-2023-more-wind-and-rain-to-come-over-the-next-few-days.jpg)
_met-office-evening-weather-forecast-0392-0692-24-remaining-cloudy-in-the-south.jpg)
_exploring-hiva-oa-smiling-tiki-amp-fatu-hiva-waterfalls.jpg)
❮❯
1 / 9
2 / 9
Play 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!)
3 / 9
4 / 9
5 / 9
6 / 9
7 / 9
8 / 9
9 / 9
![[+]](/images/menu.gif){kind=small}