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The European Central Bank is set to lower interest rates for an eighth time today. Analysts surveyed by Bloomberg expect the deposit rate to be cut by a quarter-point to 2%. Bloomberg’s Lizzy Burden reports. Bloomberg
A Moody’s downgrade of the US credit score reverberated through financial markets Monday and pushed down stocks, but the response from Republicans crafting a bill that could add trillions in new red ink was to immediately try to minimize the
JPMorgan Chase (JPM) CEO Jamie Dimon warned that he sees an “extraordinary amount of complacency” in markets after investors clawed back their “Liberation Day” losses, emphasizing that the risks of higher inflation and even stagflation are still higher than people
