_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 it happened in calcutta 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: 12.1M times
✓ Published: 04-Jun-2024
👁 View: 12.1M 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
_eu-voters-voice-their-hopes-and-fears-from-environment-and-agriculture-to-prices-and-patriotism.webp "EU voters voice their hopes and fears, from environment and agriculture to prices and patriotism<br/><br/>Hundreds of millions of European Union citizens will be able to vote on June 6-9 to choose the 720 members of the next European Parliament, which together with EU governments, it decides on laws that govern policies and the EU market.<br/><br/>A wide range of voters of different ages and backgrounds who spoke to Reuters in the weeks leading up to the election named the environment and climate change, the cost of living and poverty, and defense and security as their top concerns, as well as frustration with EU bureaucracy. <br/><br/><br/>Video by REUTERS<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/>Tune In: https://tmt.ph/tunein<br/> <br/>#TheManilaTimes<br/>#tmtnews <br/>#europeanparliament <br/>#europeanunion <br/>#europe")
⏲ 4:4 👁 4.7M
_arvind-kejriwal-back-in-jail-delhi-cm-touches-parents-feet-before-leaving-for-tihar-jail.webp "Delhi Chief Minister Arvind Kejriwal surrendered in Tihar Jail on June 2 evening. With the Lok Sabha polls coming to an end, Kejriwal’s interim bail also ended. Kejriwal hugged his children, touched his parents’ feet before leaving for Tihar jail. Kejriwal had got interim bail for 21 days from the Supreme Court. He said, “The best thing that happened during this campaign was that Prime Minister Narendra Modi admitted that he did not have even an iota of evidence against me.” Kejriwal has been accused in the Delhi liquor policy case. Watch the video to know more.<br/>")
⏲ 1:29 👁 4.7M
_man-who-thought-he-would-die-in-10-seconds-after-car-crash-reveals-what-happened.webp "Man who thought he would die in 10 seconds after car crash reveals what happened from it happened in calcutta")
_the-new-bmw-330e-touring-exterior-design.webp "For almost 50 years now, the BMW 3 Series has represented the core of the BMW brand. It epitomises sporty driving pleasure in the premium midsize class and has made significant contributions to design, driving dynamics and technological innovations in this segment time and again across what is now seven model generations. The character of the current-generation BMW 3 Series has likewise provided a case study in unwavering progress at work. The extensive revisions already introduced for model year 2022 in the areas of design, powertrain, digitalisation and equipment will now be followed up with a fresh package of updates that take the cars’ visual appeal and cutting-edge modernity to new levels. New high-voltage batteries increase the electric range of the plug-in-hybrid models to a maximum 101 kilometres (63 miles) in the WLTP cycle. New chassis tuning further enhances the balance between sporting potency and comfort. And when it comes to digitalisation in the new BMW 3 Series Sedan and new BMW 3 Series Touring, BMW Operating System 8.5 provides the basis for extremely intuitive and comfortable operation – via the upgraded BMW iDrive with QuickSelect – and for extended navigation functions including Augmented View.<br/><br/>These new technological advances are accompanied by precise design modifications for the exterior and interior. New exterior paint finishes and light-alloy wheels accentuate the aura of sporting elegance radiated by the Sedan and Touring. In the interior, the newly designed steering wheels and instrument panel, plus sophisticated equipment features such as the CraftedClarity glass applications, deliver driving pleasure in an ambience of premium modernity.<br/><br/>The new BMW 3 Series Sedan and new BMW 3 Series Touring will be launched worldwide with a production phase-in in July 2024. Both models will be built at BMW Group Plant Munich. The BMW 3 Series Sedan will also be produced at BMW Group Plant San Luis Potosí in Mexico. The new BMW 3 Series Sedan for the Chinese market will be produced at the Tiexi plant in Shenyang operated by the joint venture BMW Brilliance Automotive (BBA).")
_donald-trump39s-hush-money-trial-uncovers-a-forgotten-story-about-a-love-child-did-it-really-happen.webp "Donald Trump's hush-money trial uncovers a forgotten story about a love-child, did it really happen? from it happened in calcutta")
Donald Trump's hush-money trial uncovers a forgotten story about a love-child, did it really happen?
⏲ 1:13 👁 27.2M
_footie-fanatic-cycled-8699-miles-from-mongolia-to-manchester-to-meet-wayne-rooney.webp "Meet the man who cycled 9,222kmfrom Mongolia to Manchester to meet Wayne Rooney.<br/><br/>The challenge lasted a year starting on the 5th of May 2023 and ending on the 3rd of May 2024.<br/><br/>Ochirvaani Batbold ,27, travelled through 19 countries and encountering so many people along the way travelling a total of 9,222km all by himself.<br/><br/>The 27 year old professional footballer from _,Mongolia is a massive Manchester United fan ever since he attended the United Vs Liverpool in 2010.<br/><br/>The game finished 3-2and Orchirvaani's love for United legend, Wayne Rooney started. <br/><br/>So, on the 5th May 2023, Orchirvaani's quest started in the capital city of Mongolia, Ulaanbaatar before moving through China and Kazakhstan in the early stages of his journey tallying up to 3,000KM.<br/><br/>Orchirvanni's story has been followed by millions across the world and he even received a good luck message by Manchester United after they had received his letter explaining his challenge.<br/><br/>Orchirvaani said: \")
_eu-voters-voice-their-hopes-and-fears-from-environment-and-agriculture-to-prices-and-patriotism.jpg)
_arvind-kejriwal-back-in-jail-delhi-cm-touches-parents-feet-before-leaving-for-tihar-jail.jpg)
_man-who-thought-he-would-die-in-10-seconds-after-car-crash-reveals-what-happened.jpg)
_the-new-bmw-330e-touring-exterior-design.jpg)
_donald-trump39s-hush-money-trial-uncovers-a-forgotten-story-about-a-love-child-did-it-really-happen.jpg)
_footie-fanatic-cycled-8699-miles-from-mongolia-to-manchester-to-meet-wayne-rooney.jpg)
![[+]](/images/menu.gif){kind=small}