Eurozone avoids a recession – but the full impact of rate hikes is yet to be felt January 30, 2024 The eurozone avoided a recession at the end of last year, but sluggish performances from the bloc's largest economies ensured that growth remained elusive.
ECB holds interest rates at 22-year high as Lagarde warns rate cut talk ‘premature’ January 25, 2024 Although markets expected rates to be left on hold, investors were looking out for any signs that interest rates will be lowered.
ECB set to hold interest rates steady as markets look for clues on cuts January 21, 2024 The European Central Bank (ECB) is set to keep interest rates on hold when it meets on Thursday, but markets will be keeping a close eye on what policymakers reveal about the timing of rate cuts.
European inflation up after months of decline casting doubt on ECB interest rate cuts January 5, 2024 Inflation plaguing Europe increased to 2.9 per cent in December, after seven straight monthly declines, figures show. The rise in price levels cast doubt on predictions for swift interest rate cuts from the European Central Bank (ECB). The figure released on Friday was up from the 2.4 per cent annual inflation recorded in November – [...]
Eurozone inflation slumps raising the prospect of rate cuts November 30, 2023 Core inflation - which strips out volatile components like food and energy - dropped from 4.2 per cent to 3.6 per cent.
Dexit? Anti-EU Geert Wilders wins most votes in Dutch election as populists shock Europe November 23, 2023 Mr Wilders’ election programme includes calls for a referendum on the Netherlands leaving the European Union, a total halt to accepting asylum-seekers and migrant pushbacks at Dutch borders.
Germany one of the EU’s ‘growth laggards’ as economy shrinks slightly in third quarter October 30, 2023 Germany's economy shrank slightly in the third quarter, data showed on Monday, as Europe's largest economy continues to be weighed down by weak purchasing power and higher interest rates.
ECB to leave interest rates on hold as battle against inflation nears finale October 22, 2023 The European Central Bank (ECB) is almost certain to leave interest rates on hold later this week, but retain the option of hiking rates again if circumstances require.
Eurozone inflation falls to lowest level in two years in sign the ECB’s rate hikes worked September 29, 2023 Inflation in the euro zone fell to its lowest level in two years in September, suggesting the European Central Bank's steady diet of interest rate hikes was succeeding in curbing runaway prices albeit at a growing cost for economic growth.
Eurozone inflation revised slightly down – but it’s still twice the ECB’s target September 19, 2023 Eurozone consumer inflation in August was slightly lower than initially estimated, the European Union’s statistics office Eurostat said on Tuesday, but still remained more than twice the European Central Bank’s target. Eurostat said inflation in the 20 countries sharing the euro was 0.5 per cent month-on-month in August and 5.2 per cent year-on-year, lower than [...]