The curious strength of the euro-area labor market is driving the European Central Bank’s push against expectations of impending interest-rate cuts.Defying economic textbooks, unemployment just hit a...
Just five years ago, Andreas Wolf was struggling to convince investors of his plans to turn the Bavarian automotive supplier Vitesco Technologies into a specialist in parts and systems for electric...
22/01/2024
European Central Bank policymakers were concerned that investor bets on rate cuts as early as March had loosened financial conditions so much that they “could derail the disinflationary process”,...
19/01/2024
Global stocks and bond markets retreated on Wednesday as investors scaled back expectations of swift interest rate cuts in the eurozone, the UK and the US.The worldwide sell-off came after European...
18/01/2024
German output contracted 0.3 per cent last year as high inflation, rising interest rates and elevated energy costs made Europe’s largest economy one of the weakest performers in the world, according...
17/01/2024
Job opportunities in London's financial sector plummeted nearly 40% last year, recruiter Morgan McKinley said on Monday, as market turbulence and high inflation led employers to tighten their belts...
16/01/2024
In the run-up to a summit on February 1, policymakers are still struggling to tie up loose ends in the midterm review of the current EU budget, which runs from 2021 to 2027. Time spent on this is...
15/01/2024
Donald Trump’s potential election as US president is “clearly a threat” to Europe judging by the policies in his first term in office, European Central Bank president Christine Lagarde has said....
12/01/2024
Spain attracted the largest ever order book for a sovereign bond on Wednesday, capping a series of blockbuster eurozone debt sales at the start of 2024.The eurozone’s fourth-largest economy drew €...
11/01/2024
The euro-area economy may have experienced a downturn at the end of last year and will probably continue to struggle, according to European Central Bank Vice President Luis de Guindos.Source:...
10/01/2024