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    Josia Shigwedha

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    Josia Shigwedha

Euro

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Business / Economics

Pound sterling has reached a high against the euro

Pound sterling has reached a high against the euro not seen since before the Brexit vote of 2016, when the UK left the EU. A combination of factors relating to interest rates, the threat of US tariffs, and political troubles in France and Germany led to the milestone. Stuart Smith explains.    

today12 December, 2024

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Business / Economics

ECB to signal no rush to cut interest rates

European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they are in no hurry to start slashing borrowing costs despite progress against inflation. The Frankfurt institute is tipped to pause for the third meeting in a row following a historic run of hikes to tame runaway prices, leaving the benchmark deposit rate at four percent. ECB president Christine Lagarde said last week rates had […]

today22 January, 2024