Panetta Says ECB Cuts Now Avoid ‘Tardy and Hasty’ Action Later

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The European Central Bank shouldn’t delay interest-rate cuts because doing so can just end up forcing more drastic action at a later stage, Governing Council member Fabio Panetta said.

Panetta Says ECB Cuts Now Avoid ‘Tardy and Hasty’ Action LaterHong Kong Bankers Get Welcome Lift From Convertible Bond FrenzyBanks Warned of ‘Huge’ Implications of UK’s New Greenwash LawEntrepreneurs already leaving Canada due to capital gains hike, Wattpad founder Allen Lau saysTreat the future you: 3 smart ways to invest your tax refundOttawa moves to expand CRA audit powers.

and EuropeCanada’s GDP per capita in Q1 likely fell for 7th straight quarter: RBCThe Daily Chase: The fight for Gildan is overForeign investment in China drops for fourth month in AprilThe Daily Chase: WestJet set to launch new fares for passengers with no carry-onThe Daily Chase: Nvidia earnings will tell us how much room AI bull has to runLatest CPI data points to a June rate cut, economists sayInflation in Canada slows to 2.

 

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