Last Updated : GMT 09:40:38
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Friday 20 June 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

(ECB)

European stocks and euro sag before rate calls

Themuslimchronicle, themuslimchronicleEuropean stocks and euro sag before rate calls289256/87
london - Muslimchronicle
Europe's major stock markets slid and the euro dipped Thursday with investors cautiously awaiting the latest interest rate decisions in Britain and the eurozone. The US Federal Reserve had hiked borrowing costs as expected on Wednesday, adding to subdued sentiment in the final round of central bank decisions this year. At 1200 GMT, the Bank of England (BoE) announces itsRead more

ECB Keeps Interest Rate at Record Low

Themuslimchronicle, themuslimchronicleECB Keeps Interest Rate at Record Low250119/87
Frankfurt - QNA
The European Central Bank (ECB) has decided to keep interest rates in the eurozone at a record low of 0 per cent, the bank announced on Thursday .  The bank also said it was keeping its deposit rate facility at minus 0.4 per cent, meaning it charges banks to hold money rather than lending it out.  The bank also saidRead more

outlook improves for active managers

Themuslimchronicle, themuslimchronicleoutlook improves for active managers248906/87
Washington - Arab Today
After eight years of monetary policy distorting the performance of asset classes, this year will be characterised by a transition, in many developed markets, from monetary policy to fiscal stimulus. This regime shift will create interesting opportunities for ­investors. Major central banks have started taking the path towards normalisation. Back in December, the Federal Reserve raised rates as widely predicted.Read more

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