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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (43958)10/17/2024 10:23:34 AM
From: Les H  Read Replies (1) | Respond to of 48786
 
srael Is Examining Whether Hamas Leader Was Killed in Gaza
Israeli officials said the body of a slain militant was being taken to a laboratory in order to assess whether its DNA matches that of Yahya Sinwar.

nytimes.com



To: Les H who wrote (43958)10/17/2024 11:02:45 AM
From: Les H  Read Replies (1) | Respond to of 48786
 
ECB cuts rates again as eurozone inflation falls below target

The 25 basis point cut, expected by analysts, arrives against a backdrop of settling inflation and anaemic growth.

The European Central Bank (ECB) reduced its interest rates on Thursday afternoon during its October meeting, marking the third consecutive cut since June.

New interest rates have been set at 3.40% for main refinancing operations, 3.65% for the marginal lending facility, and 3.25% for the deposit facility.

The interest rate on main refinancing operations is the rate banks pay when they borrow money from the ECB for one week, while the marginal lending facility rate is the cost banks pay when they need to borrow money from the central bank overnight.

The deposit facility rate, meanwhile, is the interest rate banks receive when they deposit money with the ECB overnight.

euronews.com