Trusted Novus Bank’s Post

#Türkiye | Central Bank of the Republic of Türkiye has kept its policy rate steady at 50%, but signals a shift in its approach. With #inflation expected to trend down to 43% by the end of 2024, the CBRT is easing its language on further tightening. However, they remain vigilant about inflation risks, particularly those tied to wage and price adjustments in early 2025. As a result, we now expect the first rate cut, a 250 basis points reduction, in December rather than November. Read the report by Adem İleri and Seda Güler Mert 👇 #MonetaryPolicy

📅On September 24, China’s central bank unveiled its most substantial stimulus package since the pandemic, aiming to lift the economy from its deflationary slump. While markets rallied in response, analysts caution that more fiscal support is essential for sustainable growth. Read more about the measures and their potential impact!📒 👉bit.ly/4dzl5tX #OrientFuturesSG #chinamarket #chinesemarket #ChinaStimulus #EconomicRecovery #FiscalSupport #CentralBankPolicy #MarketRally #Deflation #SustainableGrowth #ChinaEconomy #FinancialNews #EconomicMeasures

The recent decision by the European Central Bank to lower interest rates to 3.75 per cent is likely to be welcomed by most, both as an indication that inflation is slowing to a more manageable pace and that economic growth is firmly back on top of the agenda in the Eurozone. In this STEP Journal article Helen Vieira TEP from Flagstone International explains why the European Central Bank rate cut means a change in attitude may be needed when optimising cash returns among private client practitioners and trustees. Read the article: https://lnkd.in/ePG-teJK If you found this article helpful why not share this post with your network! #STEPCPD #InterestRates

The European Central Bank is likely to cut rates at a steady pace – unless downside risks materialise. Find out whether the Bank will be forced to respond more forcefully in our latest Europe Economic Outlook. Download this special report highlighting key takeaways from our client brief now: https://lnkd.in/eHTSfgag #ecb #europe #rates

European Central Bank cuts interest rates for the first time since 2019 The European Central Bank on Thursday confirmed a widely-anticipated reduction in interest rates at its meeting in Frankfurt, despite lingering inflationary pressures in the 20-nation euro zone. It takes the central bank's key rate to 3.75%, down from a record 4% where it has been since September 2023. #euro #ECB #rates

The European Central Bank (ECB) is considering a reduction in borrowing costs at its upcoming meeting, according to a report from Bloomberg that cites ECB Governing Council member Martins Kazaks. The Latvian central-bank chief indicated in an interview with Latvian TV that, with the upcoming ECB council meeting next week, he believes the current data suggests it may be time to move forward with lowering rates. He acknowledged that there would be discussions, as is customary, but expressed that, at this moment, the situation appears quite clear to him. Read more: https://lnkd.in/d7UAqjqP #ECB #Interestrates #centralbank #inflation #europe

The European Central Bank (ECB) cuts key deposit rate by 25 basis points to 3.5%. ECB projects inflation averaging 2.5% in 2024, 2.2% in 2025 and 1.9% in 2026. #europeancentralbank #economy #interestrate

This Tuesday, the Central Bank of Chile announced a 25 basis point reduction in the Monetary Policy Rate (MPR), bringing it down to 5.5%. The decision was unanimously made by the Central Bank's Board at its latest monetary policy meeting. This measure aims to accelerate the convergence of the MPR towards a neutral level, as indicated in the September Monetary Policy Report (IPoM), adjusting to the evolution of the macroeconomic scenario and its effects on inflation. The Board reaffirms its commitment to keep inflation at 3% over a two-year horizon. #finances #economy #Chile

The European Central Bank (ECB) is expected to reduce interest rates to counteract ongoing economic challenges. https://zurl.co/36Lr #EuropeanCentralBank #ECB #InterestRates #EconomicUncertainty #FinancialStability #EconomicGrowth #MonetaryPolicy #Eurozone #FinanceNews

Today’s economic #calendar includes an update from the European Central Bank – markets widely expect the central bank to reduce all three key benchmark rates – along with #US wholesale #inflation data and weekly #unemployment claims. #FPMarkets #macro #ECB #PPI