The euro zone economy stagnated in the fourth quarter of 2024, registering zero growth, according to preliminary data released by Eurostat on Thursday. The figure fell short of economists' expectations of a 0.1% expansion and...
Tag : ECB
Germany's economic contraction persisted in December, marking the sixth consecutive month of declining business activity, according to the HCOB German flash composite Purchasing Managers' Index (PMI). The latest data highlighted ongoing challenges across key sectors,...
U.K. inflation rose to 2.6% in November, marking the second consecutive monthly increase, according to data released by the Office for National Statistics (ONS) on Wednesday. The figure, in line with economists' forecasts, edged up...
The European Central Bank (ECB) has announced its first interest rate cut since 2019, reducing the key rate from 4% to 3.75%. The decision, which had been signaled for months, comes amid persistent inflationary pressures...
In spite of financial market chaos and calls by investors to dial back policy tightening at least until sentiment stabilizes, the European Central Bank (ECB) raised interest rates by 50 basis points on Thursday in an...