New Overnight Developments Abroad - Daily Update
Attention to What Central Banks Are Doing with Interest Rates
June 5, 2025
The European Central Bank is widely expected to cut its interest rate for the eighth time in the past year. An anticipated 25-basis point reduction of the deposit rate to 2.0% would bring the cumulative drop to 250 basis points from peak. President Trump has been haranguing Federal Reserve Chairman Powell for not cutting interest […] More
