Achievable there will be no charge cuts this 12 months, European Central Bank member states

Achievable there will be no charge cuts this 12 months, European Central Bank member states


Robert Holzmann, governor of Austria’s central lender, speaks during an party in Vienna, Austria, on Tuesday, Sept. 26, 2023.

Bloomberg | Bloomberg | Getty Illustrations or photos

The European Central Bank may defy current market anticipations and keep off on starting fascination fee cuts in the course of the total of 2024, the institution’s Governing Council member Robert Holzmann stated Monday.

Requested about individuals who connect with for the very first rate lower to consider put as before long as April, Austria’s central lender governor advised CNBC, “I’m scared, leaving Davos, those folks will be deeply disappointed.”

Speaking to CNBC’s Steve Sedgwick at the Environment Financial Discussion board in Davos, Switzerland, he extra, “I simply cannot picture that we will talk about cuts still, since we must not discuss about it. Every thing we have found in the latest weeks details in the opposite direction, so I may even foresee no cut at all this 12 months.”

This is a building story. Remember to examine back for updates.



Supply

Japan inflation edges higher for first time since May, matching forecasts as ‘core-core’ gauge eases
World

Japan inflation edges higher for first time since May, matching forecasts as ‘core-core’ gauge eases

Government stockpiled rice, which was transported by bullet train, or the “shinkansen”, into the capital is handed over to those who pre-ordered bags, at Tokyo Station on June 10, 2025. Str | Afp | Getty Images Japan’s core inflation rate accelerated to 2.9% in September, the first increase since May and in line with expectations […]

Read More
Stock futures are little changed ahead of highly awaited inflation data: Live updates
World

Stock futures are little changed ahead of highly awaited inflation data: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Oct. 22, 2025. Brendan McDermid | Reuters Stock futures are little changed Thursday night ahead of a key inflation print. Futures tied to the Dow Jones Industrial Average fell 18 points, or 0.04%. S&P futures ticked up 0.06%, […]

Read More
IBM is trying to rebound after results disappointed initially. What analysts and investors are saying
World

IBM is trying to rebound after results disappointed initially. What analysts and investors are saying

Analysts remain largely split on IBM ‘s future after the tech stalwart posted key metrics that flashed warning signs heading into 2026. While IBM reported a third-quarter earnings and revenue beat , analysts pointed to metrics below the surface headline beat that might indicate a worrisome near-term setup for the stock: namely, softness in IBM’s […]

Read More