Late to the global interest-rate hiking party, the European Central Bank is trying to convince everyone that it will also be one of the last to leave.Source: Bloomberg
The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be.Source: Reuters
02/02/2023
France managed to eke out meagre growth in the final quarter of 2022 as falling energy imports and firm business investment offset a pullback in consumer spending, preliminary gross domestic product...
01/02/2023
In the fourth quarter of 2022, seasonally adjusted GDP increased by 0.1% in the euro area and remained stable in the EU, compared with the previous quarter, according to a preliminary flash estimate...
31/01/2023
The EU is planning to hit back at the US’s $369bn Inflation Reduction Act by easing restrictions to allow a wave of tax credits for green investment.Source: Financial Times
31/01/2023
The European Central Bank’s first interest-rate decision of 2023 is just days away, but the focus has already shifted to what will happen beyond that.Source: Bloomberg
30/01/2023
Whether open banking has been a success very much depends on who you ask. The requirement for big banks to share their customers’ data with other service providers, some argue, hasn’t increased...
27/01/2023
EU trade with Russia has been strongly affected following Russia's invasion of Ukraine, with the EU imposing import and export restrictions on several products according to data published by Eurostat...
26/01/2023
Business confidence in Britain has sunk to its lowest level since the global financial crisis, according to a survey of accountants, amid persistently high inflation and fears that the country is...
26/01/2023
The UK’s top financial watchdog has identified several failures in how banks, insurers and asset managers are preparing for new consumer protection rules, warning some will “struggle” to meet the...
25/01/2023