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Thursday, November 27, 2025

Rate call: ECB signals steady stance; policy minutes hint at openness to cuts next year

The European Central Bank's October meeting minutes indicate interest rates are currently appropriate, with potential for cuts in 2026. While inflation is near the 2% target, concerns about slowing wage growth and eurozone momentum prompt openness to future easing. The ECB remains vigilant about the economy's ability to sustain the target.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/AKNJpdl

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Oil market price battle: Russia and Iran offer deeper discounts to China as crude piles up at sea

Russian and Iranian oil producers are offering deeper discounts to Chinese buyers as India reduces its purchases. Analysts note China's ...