Tag Archives: inflation

The ECB has cut rates by 0.25% to 3%, citing progress toward its 2% inflation target and warning of downside growth risks. Lagarde noted signs of slowing momentum and weak investment. A larger cut was debated, but consensus formed around 25 basis points. Policy remains data-driven. ADVERTISEMENT The European Central Bank (ECB) cut its key interest rates by 25 basis …

US stock indexes returned to positive territory as the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. ADVERTISEMENT Stocks in the US were boosted by the latest inflation data cementing expectations that the US central bank, the Federal Reserve, is likely to cut interest rates at its meeting next …

Annual inflation in the eurozone edged higher in November, matching expectations, while Germany reported its worst retail sales drop in two years, signalling broader economic challenges for the region. ADVERTISEMENT Eurozone inflation rose to 2.3% year-on-year in November, up from 2% in October, according to preliminary data released by Eurostat on Friday. The figure aligns with market expectations and reflects …

Germany’s headline inflation rose to 2.2% in November, below forecasts, with a sharp 0.2% monthly drop signalling disinflation. Core inflation hit 3.0%, the highest since May. Bund yields fell to 2.14%, DAX rose 0.5%, and the euro slightly weakened. ADVERTISEMENT Germany’s annual inflation rate edged higher in November but came in below economists’ expectations, while its monthly inflation posted the …

This week, US politics and geopolitical tensions remain a focus for investors. Economic data such as the EU inflation, the US GDP, and RBNZ’s rate decision will take centre stage in regional markets. ADVERTISEMENT Last week, stock markets saw a recovery of bullish trends on Wall Street as the Trump Trade continued to fuel the rally. Meanwhile, rising geopolitical tensions …

Inflation in the UK rose sharply to a six-month high in October, above BOE’s 2% target, scaling back bets that there will be further cuts in borrowing rates this year. ADVERTISEMENT Inflation in the UK climbed more than expected in October to 2.3% up from 1.7% in September, according to the Office for National Statistics (ONS), due to higher domestic …

Eurostat data released on Tuesday showed eurozone inflation rose to the European Central Bank’s 2% target in October. ADVERTISEMENT The euro area annual inflation rate was 2% in October 2024, up from 1.7% in September. A year earlier, the rate was 2.9%, according to data published by Eurostat, the statistical office of the European Union. Meanwhile, European Union annual inflation …

The European Commission has hailed a ‘gradual’ rebound in economic activity, but warns the EU is ‘especially vulnerable’ amid rising geopolitical tensions. ADVERTISEMENT The EU could see inflation rates fall by over 50% next year, amid a modest economic rebound and record low unemployment, the European Commission said in a forecast published on Friday.  The report — whose numbers were …

Following a volatile week, market participants will shift their attention back to major economic indicators from key economies, particularly US inflation data and Chinese economic figures, this week. ADVERTISEMENT The US election dominated market trends last week, investors will redirect their focus to economic fundamentals this week. The US Consumer Price Index (CPI) is poised to be a crucial data …

Eurozone inflation hit 2% in October, exceeding forecasts and up from September’s 1.7%, driven by services and food prices. Germany witnessed unexpected price increases. The euro strengthened. ADVERTISEMENT Inflation in the eurozone accelerated in October, with the consumer price index reaching 2% year-over-year, surpassing economist predictions of 1.9% and marking an uptick from 1.7% in September, according to flash estimates …