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Tag: european economy

Eurozone inflation ticks up in May but unlikely to stop ECB rate cut
Economy

Eurozone inflation ticks up in May but unlikely to stop ECB rate cut

June 2, 2024June 2, 2024

Inflation within the eurozone ticked as much as an annual 2.6% in May, in response to official figures on Friday, as a painful spike in

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ECB June rate cut seen as done deal, with more reductions to follow
Economy

ECB June rate cut seen as done deal, with more reductions to follow

May 30, 2024May 30, 2024

The European Central Bank (ECB) is all however sure to ship an rate of interest reduce on June 6, in line with a ballot of

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ECB ready to start cutting interest rates: Chief economist
Business

ECB ready to start cutting interest rates: Chief economist

May 28, 2024May 28, 2024

The European Central Bank (ECB) is able to begin slicing rates of interest subsequent month, however coverage should proceed to be restrictive this 12 months

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ECB chief Lagarde warns of risk of acting ‘too late’ on rates
Business

ECB chief Lagarde warns of risk of acting ‘too late’ on rates

March 20, 2024March 20, 2024

The chief of the European Central Bank (ECB) cautioned Wednesday towards the hazards of performing “too late” on rate of interest cuts, reaffirming the chance

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Europe’s private credit ties to banks deepen as default risk rises
Business

Europe’s private credit ties to banks deepen as default risk rises

March 15, 2024March 15, 2024

Europe’s personal credit score funds are more and more borrowing from banks to spice up their efficiency, fueling issues concerning the wider dangers posed by

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IMF urges Italy, France, Spain to ‘buckle up’ on debt
Business

IMF urges Italy, France, Spain to ‘buckle up’ on debt

November 25, 2023November 25, 2023

The International Monetary Fund (IMF) chief stated Italy, France and Spain should do extra to deal with rising debt and deficit ranges, flagging “very modest”

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Eurozone inflation dips to over 2-year low but growth vanishes
Economy

Eurozone inflation dips to over 2-year low but growth vanishes

October 31, 2023October 31, 2023

The inflation that has been lengthy plaguing European customers fell sharply to 2.9% in October, its lowest in additional than two years as gasoline costs

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ECB halts rate hikes as Mideast crisis casts shadow over economy
Economy

ECB halts rate hikes as Mideast crisis casts shadow over economy

October 27, 2023October 27, 2023

The European Central Bank (ECB) on Thursday left rates of interest regular for the primary time in over a 12 months because the Israel-Hamas battle

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ECB’s Lagarde confident over 2% inflation goal, winter gas situation
Business

ECB’s Lagarde confident over 2% inflation goal, winter gas situation

October 8, 2023October 8, 2023

European Central Bank (ECB) President Christine Lagarde is assured the financial authority will meet its goal of getting inflation again right down to 2%, and

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Eurozone economy probably shrank in Q3 as demand faltered
Economy

Eurozone economy probably shrank in Q3 as demand faltered

October 4, 2023

The eurozone economic system probably contracted final quarter, in keeping with a survey Wednesday that confirmed demand fell in September on the quickest tempo in

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