BEAMSTART Logo

Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns

Financial Times LogoFinancial Times2w ago

Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns - Financial Times

Quick Summary:

European assets have been big losers as markets brace for Trump’s “America First” policy package.

Currently, investors are expecting three quarter-point cuts from the Bank of England by the end of next year, taking UK rates to 4 per cent.

Traders in swaps markets are now betting that the ECB’s deposit rate will fall as far as 1.75 per cent, from the current level of 3.25 per cent, before the central bank stops cutting.


More Pictures

Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns - Financial Times (Picture 1)

or

Article Details

Author / Journalist: Ian Smith

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-08 @ 05:00:35 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Readers: 63 people read this story

Article Length: 610 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 24212892

View Article Analysis

About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 3 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 18 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns" has 610 words across 22 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns" was covered 2 weeks ago by Financial Times, a news publisher based in United States.

How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

The outlet is headquartered in United States and publishes an average of 3 news stories per day.

It's most recent story was published 18 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #24212892
  • URL: https://beamstart.com/news/trade-war-fallout-could-trigger-17336346597224

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.