13th December 2024
- ECB Cuts for Third Straight Time to Prop Up Flagging Economy (4)
Deposit rate lowered to 3% from 3.25%, as analysts expected
Investors, economists anticipate spate of reductions in 2025
https://blinks.bloomberg.com/news/stories/SODX10T0AFB4
- SNB Surprises With Half Point Rate Cut to Stem Gains in Franc
Swiss officials quicken easing to curb gains in currency
Central bank has cut at all four of this year’s meetings
https://blinks.bloomberg.com/news/stories/SODS3MT1UM0W
- UK Economy Unexpectedly Shrinks at Start of Fourth Quarter (1)
GDP falls 0.1% following a decline of 0.1% the previous month
Economy has posted no growth since Labour took office in July
https://blinks.bloomberg.com/news/stories/SOF7SVT0G1KW
- US Household Wealth Climbs to a Record on Higher Stock Values
Net worth rose $4.8 trillion in third quarter, Fed data show
Value of real estate holdings dipped after large advances
https://blinks.bloomberg.com/news/stories/SOE57QT1UM0W
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