Eurozone Inflation Climbs Further Above ECB Target
Inflation in the eurozone rose further above the European Central Bank’s target in the final month of 2024, although that is unlikely to dissuade policymakers from lowering borrowing costs again this month to support a faltering economy.
Eurozone Inflation Rises, Likely Forcing Slower ECB Rate Cuts
Eurozone inflation rose in December as energy prices slightly ticked up, official data showed Tuesday, which experts said will likely push the European Central Bank to pursue its rate-cutting cycle more cautiously.
Eurozone inflation on track for ECB rate cuts this year
The governing council reiterated in December that the disinflation process is on track and that it expects to achieve its 2 per cent target in the medium term. Updated forecasts from then expect lower headline inflation rates of 2.1 per cent for 2025 and 1.9 per cent for 2026.
Eurozone inflation up in December on higher energy, services prices
Eurozone inflation accelerated in December as energy prices slightly ticked up, official data revealed on Tuesday, rebounding for a third straight
Euro zone inflation jumps on higher energy costs
Euro zone inflation accelerated in December, an unwelcome but anticipated blip that is unlikely to derail further interest rate cuts from the European Central Bank.
Eurozone Consumers' Inflation Expectations Rise: ECB Survey
Inflation expectations among euro area consumers increased slightly in November, the latest Consumer Expectations Survey published by
Eurozone Retail Trade Edges Up But Low Consumer Confidence Remains Headache
The euro area’s retail-trade volumes rose marginally in November, although a slowing economy and low consumer confidence ...
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Eurozone inflation bumps up again causing political discomfort
Inflation in the eurozone quickened in December for the second month in a row, as rising prices for energy and services kept ...
Greeks pay tribute to former Prime Minister Costas Simitis at his state funeral
Mourners lined the streets outside Athens’ central cathedral for the state funeral for former Prime Minister Costas Simitis, ...
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Eurozone inflation increases for the third month in a row
Eurozone headline inflation rose to 2.4% in December, with core inflation stabilising at 2.7%. A further increase in the ...
Euro Briefly Pares Gains After Eurozone Inflation Data
The euro briefly pared gains against the dollar after the latest eurozone inflation data came in line with expectations.
S&P 500 would have underperformed European stocks, if not for Nvidia
The S&P 500 ended 2024 with a milestone of annual gains not seen in nearly 30 years. The index ended 2024 up 23%, its second ...
Greek Reformist Ex-PM Simitis Dies At 88
Costas Simitis, the reformist prime minister whose governments oversaw Greece's eurozone entry, helped Cyprus join the EU and ...
Eurozone Business Confidence Declines Again, Dragged by Industry
Eurozone business sentiment declined further in December as industrial woes were exacerbated by political instability and the ...