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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