European Central Bank Governing Council member Mario Centeno says policymakers remain cautious despite inflation now being at the 2% target, stressing the ECB is not in a hurry to reduce borrowing costs further. Speaking to Bloomberg's Francine Lacqua on the sidelines of the ECB's annual retreat in Sintra, Portugal, Centeno also talks about the euro exchange rate and the importance of a potential trade deal. 00:00 - ECB Governing Council Member Mario Centeno on central bank rate cuts, inflation target 01:13 ...

Poland will likely keep interest rates unchanged after policymakers turned cautious, citing loose fiscal policy and global price risks https://t.co/9JheNe3y6U ...

Brazil has raised interest rates on farm equipment financing, threatening to constrain a much-needed recovery in tractor sales https://t.co/8p5Pr7cNQn ...

So from our standpoint um as you will have seen a solid majority of FOMC participants do expect that it will become appropriate uh later this year to begin to reduce rates again. And so um and u that will depend though as Christine just mentioned on the incoming data. We'll be monitoring particularly what does show up in terms of of inflation or what does not show up and also carefully watching the labor market.you know, there we watch very carefully for signs of of unexpected weakness. We see a gradual coo ...

Bank of England Governor Andrew Bailey said high interest rates are having less of an impact on inflation because of Britain’s low levels of debt among both businesses and consumers https://t.co/AQMCkQIocq ...

>> LIVE FROM WASHINGTON, D.C., THIS IS "BALANCE OF POWER" WITH JOE MATHIEU AND KAILEY LEINZ. JOE: IT'S TIME FOR THE VOTE-A-RAMA ON PRESIDENT TRUMP'S BIG BEAUTIFUL BILL. WELCOME TO THE EARLY EDITION OF "BALANCE OF POWER" ON BLOOMBERG TV AND RADIO WITHIN HOURS-LONG AMENDMENT SESSION GETTING UNDERWAY IN THE UNITED STATES SENATE EXPECTED TO LEAD TO A FULL FLOOR VOTE BY THE TIME THIS IS DONE. ALONGSIDE KAILEY LEINZ, I'M JOE MATHIEU IN WASHINGTON. WE THANK YOU FOR JOINING US ON "BALANCE OF POWER. " IT LOOKS LIKE ...

"I wouldn't take any meeting off the table"Jerome Powell won't be drawn on whether the Fed is likely to cut rates when it meets in July, as he joins other central bankers at Sintra https://t.co/FbZSTDqvWU https://t.co/OXZDTqTu16 ...

Group 1: Economic Environment - The May 2025 Personal Consumption Expenditures (PCE) inflation report indicates core PCE inflation rose approximately 0.22% month over month and 2.68% year over year, reinforcing expectations for the Fed's hawkish stance [1][11] - Treasury yields have increased, with the benchmark 10-year yield climbing from roughly 3.35% to about 3.45%, reflecting market reactions to persistent inflation data [2][11] Group 2: Financial Sector Performance - Financial institutions, including banks and insurance companies, are expected to see increased profitability due to higher lending rates and improved net interest margins in a high-rate environment [4][5] - The S&P 500 Financials Select Sector SPDR (XLF) has risen 9.1% year to date as of June 30, indicating strong performance in the financial sector [5] Group 3: Investment Opportunities - Stocks such as Nelnet, Inc. (NNI), Pagaya Technologies Ltd. (PGY), and United Fire Group, Inc. (UFCS) are highlighted as viable investment options due to their strong earnings momentum and favorable growth rates [3][11] - Nelnet (NNI) has an expected earnings growth rate of 59% for the current year, with a Zacks Rank 1 and a VGM Score of B [8] - Pagaya Technologies (PGY) shows an expected earnings growth rate of 195.2% for the current year, also holding a Zacks Rank 1 and a VGM Score of B [9] - United Fire Group (UFCS) has an expected earnings growth rate of 8% for the next year, with a Zacks Rank 2 and a VGM Score of B [10]

Denmark’s central bank wants local lenders to tap more of its one-week loans and provide added cash to clients to help reduce short-term interest rates https://t.co/7xtIBk26mS ...

Welcome back. President Trump is ramping up his pressure campaign on Federal Reserve Chair Jerome Powell, urging him to cut interest rates by a lot. The president's latest demand came in a handwritten letter held up by White House press secretary Caroline Levit at a press briefing yesterday.You see her there. Trump penned a message to Powell in Sharpie on a list of world central bank rates, writing in part, quote, "Jerome, you are as usual too late. You have cost the USA a fortune." The president has repeat ...