The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
The eurozone economy failed to grow in the fourth quarter of 2024, marking a sharp slowdown from the previous quarter and missing expectations for modest expansion. Flash figures released by Eurostat ...
Germany’s public debt currently stands at 62%, according to Eurostat data, thus twenty points below the EU average and much lower than in other G7 economies – all of which have a government debt level ...
The eurozone surprisingly stagnated in the fourth quarter of last year, the latest data showed. Europe’s economic woes show no sign of abating. Quarterly GDP growth in the single currency area fell ...
Policymakers at the European Central Bank and in European capitals had hoped that cooling inflation rates and a rapid rise in wages would spur a strong enough rise in consumer spending to drive a ...
AUD/USD is defending minor bids above 0.6200 in the Asian session on Friday, hanging close to a nearly two-week low amid the ...
The European Central Bank (ECB) cut its benchmark interest rate again by a quarter-point to 2.75% on Thursday as inflation ...
The ECB's deposit rate was cut to 2.75% from 3%, the lowest in nearly two years. The ECB said the disinflation process is well on track and is set to return to its 2% medium-term target this year.