_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 conference tv 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
Related Videos
_evangelista-welcomes-challenge-to-lead-senate-spouses.webp "Evangelista welcomes challenge to lead Senate spouses<br/><br/>Actress-model Heart Evangelista holds a press conference on June 5, 2024 to formally accept her responsibility as head of the Senate Spouses' Foundation, Inc. (SSFI) as the wife of Senate President Francis Escudero. She said she welcomed the challenge and thanked the senators' wives and staff for their support.<br/><br/>Video by Bernadette Tamayo<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/><br/>Visit our website at https://www.manilatimes.net <br/><br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/><br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/><br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Stitcher: https://tmt.ph/stitcher<br/>Tune In: https://tmt.ph/tunein<br/><br/>#TheManilaTimes<br/>#tmtnews<br/>#heartevangelista<br/>#ssfi <br/>#senate")
_delhi-akhilesh-yadav-124-nda-vs-india-124-lok-sabha-election-2024.webp "News 24")
Delhi आए Akhilesh Yadav कर दिया बड़ा ऐलान सुनिए क्या बोले ? | NDA VS INDIA | Lok Sabha Election 2024
⏲
_adrien-broner-amp-blair-cobbs-face-off-after-heated-back-amp-forth-press-conference.webp "Fight Hub TV")
⏲ 3 minutes 7 seconds 👁 19.2K
_nba-finals-updat3-kyrie-irving-returns-to-boston-for-nba-finals-as-a-dallas-maverick.webp "DALLAS, TEXAS — Kyrie Irving’s return to Boston as a member of the Dallas Mavericks for the 2024 NBA Finals is indeed a significant event. The Mavericks star has mentioned a personal X-factor that differentiates this final from his previous ones. The anticipation is high, especially among Boston Celtics fans, who are eager to see Irving back on their home court2. The Finals matchup between the Boston Celtics and the Dallas Mavericks is set to be a thrilling contest, with Game 1 scheduled for Thursday, June 6, 2024, in Boston.<br/><br/>Irving, alongside Luka Dončić, has been a key player for the Mavericks, leading them to the Finals after a decisive victory over the Minnesota Timberwolves in the Western Conference finals3. This series is not just a sports event but also a narrative of redemption and growth for players like Irving and Kristaps Porziņģis, who will face his former team. “The greatest thing I learned from Boston was just being able to, manage, not only my emotions, but just what’s going on on a day to day basis of being a leader of a team or being one of the leaders and having young guys around you that have their own goals? but you have to learn how to put the big picture first,” Irving says of his time Boston.<br/><br/>The dynamics of this Finals series are not just about the game, but also about the rich history of the players and the teams involved. This promises to make it an unforgettable chapter in NBA history. We eagerly anticipate the games and the stories they will unfold.<br/><br/>")
_best-of-the-conference-room-part-1-the-office-us.webp "The Office")
_zelenskyy-accuses-china-of-pressuring-other-countries-not-to-attend-upcoming-ukraine-peace-talks.webp "In a news conference at the Shangri-La defence forum in Singapore, Zelenskyy said that China is pressuring other countries and their leaders not to attend the upcoming talks.")
⏲ 1:3 👁 37.4M
_parent-teacher-conference-snl.webp "Saturday Night Live")
_canada-revival-fire-conference-day-2-morning-session-06-06-2024.webp "Dunamis TV")
⏲ 4 hours 10 minutes 15 seconds 👁 19.7K
_evangelista-welcomes-challenge-to-lead-senate-spouses.jpg)
_delhi-akhilesh-yadav-124-nda-vs-india-124-lok-sabha-election-2024.jpg)
_adrien-broner-amp-blair-cobbs-face-off-after-heated-back-amp-forth-press-conference.jpg)
_nba-finals-updat3-kyrie-irving-returns-to-boston-for-nba-finals-as-a-dallas-maverick.jpg)
_best-of-the-conference-room-part-1-the-office-us.jpg)
_zelenskyy-accuses-china-of-pressuring-other-countries-not-to-attend-upcoming-ukraine-peace-talks.jpg)
_parent-teacher-conference-snl.jpg)
_canada-revival-fire-conference-day-2-morning-session-06-06-2024.jpg)
![[+]](/images/menu.gif){kind=small}