ECB Shouldn’t Cut by Half-Point This Year, Holzmann Tells CNBC
The European Central Bank shouldn’t increase the size of its interest-rate cuts to perk up the region’s flagging economy, Governing Council member Robert Holzmann told CNBC.
Sterling, Gilts Less Appealing Due to U.K.’s Weak Growth, Elevated Inflation
Sterling and U.K. government bonds look unappealing due to the combination of weak growth and above-target inflation in the U.K., Pepperstone said.