Gold prices in the national capital rose by Rs 50 on Tuesday to align with their all-time high of Rs 96,450 per 10 grams last week, the All India Sarafa Association said. This hike followed a Rs 50 dip on Monday, when gold of 99.9% purity had closed at Rs 96,400 per 10 grams.This upward trend in th»»»

The ECB delivered the expected rate cut today and kept the door wide open for further rate cuts. The timing of these rate cuts, however, is still uncertain. The ECB cut the deposit interest rate, which is the new policy rate, by 25bp. Don’t forget that the spread between the deposit rate and the re»»»

The European Central Bank has warned that economic growth in the eurozone will be weaker than it had hoped, as it lowered interest rates for the second time this year. The ECB’s governing council decided to lower its deposit rate – paid to banks who make overnight deposits with the Eurosystem – by »»»

BusinessEuropeECB cuts interest rates by quarter point to 3.5%The European Central Bank has cuts its key interest rate by 0.25 percentage points, down to 3.5%. https://p.dw.com/p/4kXj7ECB had to balance concerns about a disappointing growth outlook with the need to ensure that inflation stays at th»»»

Jerome Powell declined to give any specific guidance on the timing of the first rate reduction. Federal Reserve Chair Jerome Powell said the latest economic data suggest inflation is getting back on a downward path, but emphasized officials need more evidence before lowering interest rates. Federal»»»

The Federal Reserve Chair Jerome Powell said Tuesday that inflation in the US shows signs of resuming a disinflationary trend, but the Fed needs more confidence to start monetary loosening. Powell said the American economy saw solid growth in the first half, while labor market remains strong, and i»»»

The European Central Bank (ECB) needs more time to conclude that inflation is firmly on a path to its target of 2%, and benign economic developments indicate that rate cuts are not urgent, ECB President Christine Lagarde said Monday. The ECB lowered rates for the first time in June after its most a»»»

TOKYO :The dollar hovered close to an eight-week low on Friday ahead of a crucial U.S. jobs report that could provide clues on the timing of Federal Reserve interest rate cuts. The euro held on to overnight gains after the European Central Bank reduced rates in a well-telegraphed move, but offered »»»

1 of 2 | The European Central Bank Thursday cut three key interest rates by 25 basis points ,citing declining inflation. ECB President Christine Lagarde said monetary policy restrictions will continue to be used as necessary iuntil inflation returns to the ECB target of 2%. File Photo by Erik S. Le»»»