European Central Bank makes surprise rate cut – World – CBC News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"The European Central Bank has cut interest rates by a quarter percentage point under new head Mario Draghi to boost weakening growth in a eurozone struggling with a crisis over too much government debt. The move, which comes earlier than expected by many economists, takes the bank’s benchmark rate to 1.25 per cent. European growth … <\/p>\n
Continue reading “European Central Bank makes surprise rate cut – World – CBC News”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[962,1169,1295,1858,2852],"class_list":["post-1765","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-debt-crisis","tag-ecb","tag-euro-zone","tag-interest-rates","tag-rate-cut"],"yoast_head":"\nEuropean Central Bank makes surprise rate cut - World - CBC News - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European Central Bank makes surprise rate cut - World - CBC News - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The European Central Bank has cut interest rates by a quarter percentage point under new head Mario Draghi to boost weakening growth in a eurozone struggling with a crisis over too much government debt. 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The ECB also reduced the interest rate on its deposit facility to 0.25 percent and the rate on\u2026","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19857,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/03\/03\/why-a-fed-rate-cut-will-not-save-us\/","url_meta":{"origin":1765,"position":1},"title":"Why a Fed rate cut will not save us","author":"Colin Twiggs","date":"March 3, 2020","format":false,"excerpt":"Why would the Fed cut interest rates? Unemployment is near record lows, as are initial jobless claims. While the consumer price index is not falling but rising. And the S&P 500 \u2014 which Donald Trump seems to view as part of the Fed's official mandate \u2014 is within 9% of\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41466,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/04\/03\/economic-outlook-march-2023\/","url_meta":{"origin":1765,"position":2},"title":"Economic Outlook, March 2023","author":"Colin Twiggs","date":"April 3, 2023","format":false,"excerpt":"Here is a summary of Colin Twiggs' presentation to investors at Beech Capital on March 30, 2023. The outlook covers seven themes: Elevated risk Bank contagion Underlying causes of instability Interest rates & inflation The impact on stocks Flight to safety Australian perspective 1. Elevated Risk We focus on three\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Treasury Yields: 10-Year minus 3-Month","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-03-31-10y3m.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-03-31-10y3m.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-03-31-10y3m.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":2469,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/30\/did-a-large-european-bank-almost-fail-last-night-zerohedge\/","url_meta":{"origin":1765,"position":3},"title":"Did A Large European Bank Almost Fail Last Night? | ZeroHedge","author":"ColinTwiggs","date":"November 30, 2011","format":false,"excerpt":"Need a reason to explain the massive central bank intervention from China, to Japan, Switzerland, the ECB, England and all the way to the US? Forbes may have one explanation: \"It appears that a big European bank got close to failure last night. European banks, especially French banks, rely heavily\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27011,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/07\/24\/elvira-nabiullina-for-next-fed-chair\/","url_meta":{"origin":1765,"position":4},"title":"Nabiullina for next Fed Chair","author":"Colin Twiggs","date":"July 24, 2021","format":false,"excerpt":"The Bank of Russia announced a 1% hike in its policy rate, to 6.5%, citing \u201cthe contribution of persistent factors to inflation increased due to faster growth of demand compared to output expansion capacity.\u201d Governor Elvira Nabiullina had warned markets on June 28 of a possible hike of up to\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19031,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/10\/09\/ultra-low-interest-rates-may-lead-to-a-debt-trap\/","url_meta":{"origin":1765,"position":5},"title":"Ultra-low interest rates may lead to a ‘debt trap’","author":"Colin Twiggs","date":"October 9, 2019","format":false,"excerpt":"The highly-regarded Stephen Bartholomeusz warns that central bank policies may lead to a 'debt trap': \"....With the world apparently re-starting the use of unconventional monetary policies even before central banks have extricated themselves from the legacies of a decade of those policies, there is a real risk that the impacts\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=1765"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1765\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}