TAG: Interest rates

Eurozone inflation dips in January as investors eye early rate cut

FRANKFURT — Eurozone inflation eased as expected in January, fueling hopes for an early European Cen...

8 months ago

Christine Lagarde makes a poor central banker, ECB staff say 

FRANKFURT — On the global stage, European Central Bank President Christine Lagarde still exudes the...

8 months ago

German economy contracted in 2023

FRANKFURT — The German economy likely contracted in the final quarter of last year, the German stati...

8 months ago

Expensive fuel and million dollar missiles: Counting the cost of the Red Sea crisis

The combat reports from Western navies operating in the Red Sea in recent days read like missives fr...

8 months ago

2023: The year in figures and charts

2023 was marked by crisis, transition and conflict.As the war in Ukraine dragged into its second yea...

8 months ago

UK inflation falls sharply in November, boosting BoE rate cut hopes

Inflation in the U.K. fell to its lowest in over two years in November, fanning the flames of specul...

8 months ago

Europe to be late arrival at Federal Reserve party

The U.S. is having a party, and Europe is going to be unavoidably late to it. No fewer than four cen...

8 months ago

ECB leaves rates unchanged, winds down crisis program early

FRANKFURT — The European Central Bank left its key discount rate unchanged at a record high of 4 per...

8 months ago

EU confident of Orbán U-turn on allowing money to Ukraine

BRUSSELS ― Budapest has signaled to the EU that it is ready to lift its opposition to funding Ukrain...

8 months ago

Europe needs more cash, Belgian PM says

The European Union needs more of its own money, Belgian Prime Minister Alexander De Croo told POLITI...

8 months ago

Why Might Gold Be Rising?

While Gold (XAU) is down almost 2.04% since the beginning of the year and as of the time of the writing, many analysts believe that the commodity will finish higher by the end of the year. At the beginning of the month, UBS Group (UBSG) forecast Gold to r...

7 months ago

Beat the street: PCE; GDP; Powell; Oil; Gold; Home Depot

Home Depot says it will buy SRS Distribution in an $18.25 billion deal including debt. Gold heads for best month in more than one year. (AI Video Summary) PCE and Q1 gains In this video, host Angeline Ong welcomes viewers to "Beat the street", which p...

6 months ago

UK inflation eased to 3.4 percent in February, but services remain a problem

U.K. inflation fell by more than expected to its lowest level since September 2021 in February, with a further easing of food prices leading the way.The consumer price index rose by 0.6 percent from January and was up 3.4 percent from a year earlier, acco...

6 months ago

France’s fiscal woes cast a long shadow over Macron’s EU ambitions

PARIS  — French President Emmanuel Macron's lofty European leadership ambitions are once again getting a reality check. The French government is scrambling to make savings and reassure financial markets after official figures this week showed that public...

6 months ago