Market Chatter: Canada To Spend More On Debt After Rate Forecasts Edge Higher

Canada's government says it will spend more on debt costs this year as it updates its forecasts to reflect a higher-than-expected outlook for interest rates, Bloomberg News is reporting Friday.

MT NewswiresMay 24 08:15 ET

ECB's Schnabel Warns Against Lowering Rates Too Quickly: ARD

The European Central Bank shouldn’t lower borrowing costs too rapidly as the retreat in euro-zone inflation is “bumpy,” according to Executive Board member Isabel Schnabel.

BNN BloombergMay 24 06:55 ET

ECB's Nagel Says Likelihood of June Cut Is Winning Traction

The European Central Bank is on track to lower borrowing costs at its next meeting, according to Bundesbank President Joachim Nagel.

BNN BloombergMay 24 06:46 ET

ECB's Schnabel: A June Rate Cut Is Likely

Reuters reported comments delivered by European Central Bank (ECB) policymaker Isabel Schnabel during an interview conducted on May 16.

FXStreetMay 24 05:31 ET

ECB Won't Cut in September After June Move, Danske Says

Danske Bank no longer predicts the European Central Bank will lower interest rates in September, citing sticky inflation and the strong start to 2024 by the euro-zone economy.

BNN BloombergMay 24 03:16 ET

ECB Governing Council Villeroy: Interest rates are likely to be cut for the first time in June

The ECB still believes that inflation has been mitigated to the point where interest rates can be cut in June, and the market should not overinterpret wage data.

Zhitong FinanceMay 23 20:43 ET