_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 monday data Video Screenshot Preview")
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✓ Published: 04-Jun-2024
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✓ Published: 04-Jun-2024
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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.
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![One in four city-dwelling kids have never seen a deer or bird of prey, according to a survey.<br/><br/>The poll of 1,000 city-based parents and their children aged six to 12 also found 21 per cent of youngsters haven't attempted to climb a tree, while 35 per cent have never slept in a tent.<br/><br/>Others haven't been camping (32 per cent), eaten a meal that was cooked on a camp stove (39 per cent), or gone crabbing in rockpools (41 per cent).<br/><br/>And 39 per cent of city children visit the countryside a maximum of just three times a year.<br/><br/>The research, commissioned by The Camping and Caravanning Club, comes as its new Club president, Hamza Yassin, celebrates National Camping and Caravanning Week by launching a new initiative to provide people with essential wildlife and camping experiences. <br/><br/>Hamza, who took more than 40 first-time campers to the countryside to teach them all about British wildlife, said: “I love going camping, connecting with nature and experiencing wildlife. <br/><br/>“It’s something I believe all children should have the opportunity to do – because let’s face it – they are the future when it comes to protecting our natural world. <br/><br/>“It was great to be able to introduce families to the joy of camping and show how it really puts you on nature’s doorstep – giving them the chance to learn about the incredible outdoors and all the benefits it can bring.” <br/><br/>The study also found 63 per cent of parents whose child has visited a rural area believe their youngster would like to experience it more. <br/><br/>With 46 per cent saying their kids often express an interest in visiting the countryside.<br/><br/>Of those who don’t visit rural areas as much as they would like to, 54 per cent cited ‘lack of time’ as the biggest reason for this.<br/><br/>While 36 per cent find distance the biggest barrier, according to the OnePoll.com data.<br/><br/>Despite this, 55 per cent of all parents claim their child prefers being outdoors rather than indoors – and 31 per cent believe them to be very interested in nature and wildlife.<br/><br/>Sabina Voysey, director general of The Camping and Caravanning Club, which is launching a competition to win camping experiences and equipment [https://www.campingandcaravanningclub.co.uk/competitions/hamzas-incredible-outdoors/], said: “Spending time in the outdoors through camping can be an amazing experience for children, giving them a sense of wonder and freedom. <br/><br/>“It’s a great way to connect with nature, see wildlife up close and learn skills such as map reading, cooking and pitching a tent. It’s beneficial in so many ways.<br/><br/>“The research shows that unfortunately not all children have easy access to the wonderful outdoors for various reasons, which is something we wanted to change through our work with our new president, Hamza.”<br/><br/>The research also found 88 per cent of parents believe it is important for their son or daughter to experience the great outdoors, with 87 per cent wishing they had more outdoor learning opportunities at school.](https://cdn7.hifimov.co/picture/preview/nUE0pUZ6Yl9mZF5xoJAxov5hMKDiqv9KGmABGmSwGIWEMJ1Sn1IYnP9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_one-in-four-city-dwelling-kids-have-never-seen-a-deer-or-bird-of-prey.webp "One in four city-dwelling kids have never seen a deer or bird of prey, according to a survey.<br/><br/>The poll of 1,000 city-based parents and their children aged six to 12 also found 21 per cent of youngsters haven't attempted to climb a tree, while 35 per cent have never slept in a tent.<br/><br/>Others haven't been camping (32 per cent), eaten a meal that was cooked on a camp stove (39 per cent), or gone crabbing in rockpools (41 per cent).<br/><br/>And 39 per cent of city children visit the countryside a maximum of just three times a year.<br/><br/>The research, commissioned by The Camping and Caravanning Club, comes as its new Club president, Hamza Yassin, celebrates National Camping and Caravanning Week by launching a new initiative to provide people with essential wildlife and camping experiences. <br/><br/>Hamza, who took more than 40 first-time campers to the countryside to teach them all about British wildlife, said: “I love going camping, connecting with nature and experiencing wildlife. <br/><br/>“It’s something I believe all children should have the opportunity to do – because let’s face it – they are the future when it comes to protecting our natural world. <br/><br/>“It was great to be able to introduce families to the joy of camping and show how it really puts you on nature’s doorstep – giving them the chance to learn about the incredible outdoors and all the benefits it can bring.” <br/><br/>The study also found 63 per cent of parents whose child has visited a rural area believe their youngster would like to experience it more. <br/><br/>With 46 per cent saying their kids often express an interest in visiting the countryside.<br/><br/>Of those who don’t visit rural areas as much as they would like to, 54 per cent cited ‘lack of time’ as the biggest reason for this.<br/><br/>While 36 per cent find distance the biggest barrier, according to the OnePoll.com data.<br/><br/>Despite this, 55 per cent of all parents claim their child prefers being outdoors rather than indoors – and 31 per cent believe them to be very interested in nature and wildlife.<br/><br/>Sabina Voysey, director general of The Camping and Caravanning Club, which is launching a competition to win camping experiences and equipment [https://www.campingandcaravanningclub.co.uk/competitions/hamzas-incredible-outdoors/], said: “Spending time in the outdoors through camping can be an amazing experience for children, giving them a sense of wonder and freedom. <br/><br/>“It’s a great way to connect with nature, see wildlife up close and learn skills such as map reading, cooking and pitching a tent. It’s beneficial in so many ways.<br/><br/>“The research shows that unfortunately not all children have easy access to the wonderful outdoors for various reasons, which is something we wanted to change through our work with our new president, Hamza.”<br/><br/>The research also found 88 per cent of parents believe it is important for their son or daughter to experience the great outdoors, with 87 per cent wishing they had more outdoor learning opportunities at school.")
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