Fed is expected to cut rates

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Results of a poll done by Reuters have revealed that the markets expect the Federal Reserve to cut interest rates two times during 2024. The first cut should occur in September.
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Thu, 06 Jun 2024 12:18:00 GMT

European Central Bank cuts interest rates

For the first time in five years, the ECB has reduced its Main Refinancing Rate. The rate has been cut from 4.50% down to 4.25%. This rate cut was expected, as ECB policymakers had kept talking about it to the media since the start of the year.

Mon, 17 Jun 2024 19:30:04 GMT

EU court rules against McDonalds

A European court has ruled that McDonalds cannot use the term Big Mac for poultry products, as it has not been in use for five consecutive years.

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