Latest news with #economicEasing
Bloomberg
02-07-2025
- Business
- Bloomberg
BOE's Taylor Calls for Three More Interest Rate Cuts in 2025
Bank of England rate-setter Alan Taylor called for a faster pace of easing with three more interest-rate cuts this year, as the risk of a hard landing for the UK economy mounts. Taylor told Bloomberg TV on Wednesday that he is 'starting to see cracks' in the labor market, adding that a soft landing is 'at risk' from weakening demand and trade disruptions from US President Donald Trump's global tariffs. Taylor warned that inflation could end up undershooting the BOE's 2% target.
ABC News
18-06-2025
- Business
- ABC News
Markets live updates: US interest rates held steady as Federal Reserve cuts growth outlook, ASX to fall
The US Federal Reserve left interest rates unchanged despite Donald Trump's calls for cuts, and it now sees a slightly slower pace of easing. Futures indicated the local share market could fall at the open, with local jobs and unemployment figures due later this morning. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice.
