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Kazaks Says Market Bets of 1-2 ECB Cuts Consistent With Baseline

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Expectations that the European Central Bank will cut interest rates one or two more times this year seem “quite reasonable,” Governing Council member Martins Kazaks told CNBC in an interview.

Kazaks Says Market Bets of 1-2 ECB Cuts Consistent With BaselineChina Stock Hedges at 12-Year Low Suggest Traders Bet on CalmChina New Home Sales Struggle in Face of Lopsided RecoveryMain French Parties Court Rivals as Vote Heads to Second RoundMalaysia Spending Shows Urgency for Fuel Subsidy Cuts, Says CitiECB’s Wunsch Would Need Convincing for More Than Two 2024 CutsChina’s Weather Extremes Threaten Crops With Flooding and Heat​Younger investors more likely to drop advisers, embrace DIY...

8% in second quarterAmericans' pandemic savings are gone - and the economy is bracing for impactBank of Canada's cutting cycle a 'big tailwind for Canadians': economistThe Daily Chase: WestJet strike looms as mechanic talks break down againCanada inflation quickens to 2.

 

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Stock market today: Stocks eke out gains as earlier rate-cut bets rise amid weak dataInvestors are weighing signs the surprising resilience in the US economy might be starting to show cracks.
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