Interest rates
Eurozone inflation accelerates in May: Are ECB rate cuts in doubt?
Business
03.06.2024
Eurozone inflation accelerates in May: Are ECB rate cuts in doubt?
Eurozone inflation surged in May, surpassing economists’ expectations just days before the European Central Bank (ECB) is set to convene…
German inflation rises as consumer confidence hits 2-year high
Business
29.05.2024
German inflation rises as consumer confidence hits 2-year high
Germany’s annual inflation recorded its first increase of 2024 in May, aligning with economists’ forecasts. According to preliminary data published…
Fresh hint that ECB might be set to cut interest rates at June meeting
Business
28.05.2024
Fresh hint that ECB might be set to cut interest rates at June meeting
There are indications that the European Central Bank (ECB) may be planning to cut interest rates at its meeting next…
UK wage rates still strong despite slowing jobs market
Business
14.05.2024
UK wage rates still strong despite slowing jobs market
Annual pay growth excluding bonuses averaged 6% between January and March, unchanged from last month according to figures from the…
Why might the euro continue to weaken against the US dollar?
Business
14.05.2024
Why might the euro continue to weaken against the US dollar?
The euro, serving as the official currency for 20 members of the European Union, has experienced a notable devaluation against…
Gold rush as metal holds onto it shine: What’s behind the surge?
Business
13.05.2024
Gold rush as metal holds onto it shine: What’s behind the surge?
Gold has surged by 14% year-to-date, outpacing the 10% rally of the S&P 500 this year. Gold futures peaked at…
ECB signals a ‘plausible’ June rate cut as European equities hit record highs
Business
10.05.2024
ECB signals a ‘plausible’ June rate cut as European equities hit record highs
The monetary policy accounts of the latest European Central Bank’s meeting in April indicated that the Governing Council finds it…
BoE holds rates steady and expects inflation below target by mid-2026
Business
09.05.2024
BoE holds rates steady and expects inflation below target by mid-2026
The Bank of England (BoE) has opted to maintain the bank rate at 5.25% in its May meeting, as expected,…
UK property listings soar, but are buyers being put off by high rates?
Business
09.05.2024
UK property listings soar, but are buyers being put off by high rates?
The Royal Institution of Chartered Surveyors (RICS)’ UK residential market survey for April 2024 was released on Thursday, highlighting that…
Crédit Agricole announces earnings jump while rival’s profits plummet
Business
03.05.2024
Crédit Agricole announces earnings jump while rival’s profits plummet
Credit Agricole (CA) announced a 55% year-on-year increase in first-quarter net profits on Friday. Earnings came in at €1.9 billion,…