Tag: cuts
faced with the cessation of Russian gas, Transnistria extends power cuts
Transnistria, a pro-Russian separatist territory in Moldova, announced this Saturday, January 4, that it would introduce new power cuts for the population due to the cessation of deliveries of Russian…
Student unions rage against the government’s “betrayal” – cuts support
The government wants to reduce the support to Sweden’s student unions by almost a third by 2026. Now student unions around the country are forced to cut back on their…
Berlin’s culture is threatened by budget cuts
Every year, thousands of Swedes visit Berlin as tourists. Many were attracted by the city’s culture with nightclubs, opera, art and theatres.But the culture is now threatened by extensive budget…
Wall Street rises sharply after PCE inflation improves bets on rate cuts
(Finance) – Strong earnings day for Wall Street after starting lowerwith the Dow Jones up 1.74%; on the same line, it moves with the wind at its backS&P-500which reaches 5,967…
Sweden’s central bank cuts rates by 25 basis points to 2.50%
(Finance) – The Riksbankthe Swedish central bank, has decided to cut the reference rate by 0.25 percentage points to 2.50%to provide further support to the economy and help inflation stabilize…
USA, the Fed cuts rates by a quarter of a point. Only two more in 2025
(Finance) – The Federal Reserve it cut interest rates by a quarter of a point, bringing them to a range between 4.25 and 4.50%. For the US central bank, this…
BofA: 2024 year of cuts, global monetary policy will become less synchronized
(Finance) – “In addition to a busy global election calendar, 2024 was the year of rate cuts“. This was stated by analysts at Bank of America (BofA), at the end…
Germany, the Bundesbank cuts growth estimates for 2024 and 2025
(Finance) – The Bundesbank cuts Germany’s GDP growth estimates. The German economy is expected to contract by 0.2% this yearagainst the forecasts of an expansion of 0.3%, indicated in June.…
Innovatec, Intesa Sanpaolo cuts target price and confirms Buy
(Finance) – Intesa Sanpaolo he cut to 1.40 euros per share (from the previous 1.80 euros) the target price on Innovateca company listed on Euronext Growth Milan and active in…
Bank of Canada cuts rates for fifth consecutive meeting to 3.25%
(Finance) – The Bank of Canada ha reduced its key rate by 50 basis points to 3.25%meeting analysts’ expectations and cutting the cost of money for the fifth consecutive meeting…