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The European Central Bank (ECB) announced a 0.25% rate cut on 5th June 2025, lowering the deposit facility rate to 2%. This marks the seventh consecutive rate cut as the ECB continues its monetary easing cycle. ECB President Christine Lagarde emphasised that inflation has fallen below the 2% target, but economic growth remains sluggish. Investors …
Inflation in the eurozone fell to 1.9% in May 2025, dropping below the European Central Bank’s (ECB) 2% target for the first time in months. This unexpected decline has sparked discussions about the potential consequences for the region’s economy. The latest data from Eurostat shows that core inflation, which excludes volatile items like energy and …
Continue reading “Eurozone inflation falls below ECB target of 2% – now what?”
On Thursday 17th October 2024, the ECB announced its third interest rate reduction of 2024, as inflation risks within the European Union diminished more rapidly than anticipated. At its October meeting, the central bank decreased the deposit rate by 0.25%. This decision followed a slowdown in the euro area’s price increases to 1.8% in September …
Continue reading “ECB cuts rates for the third time this year by 0.25% to 3.25%”
In September 2024, inflation in the Euro zone fell to 1.8%, falling below the European Central Bank’s target of 2%, according to early data from Eurostat released on Tuesday 1st October 2024 Excluding the more volatile prices of energy, food, alcohol, and tobacco, the core inflation rate stood at 2.7%, marginally below the anticipated forecasts. …
Continue reading “Euro zone inflation falls to 1.8% in September 2024 below the ECB target of 2%”
On Thursday, 6th June 2024, the European Central Bank announced a reduction in interest rates, a move that was widely expected, despite persistent inflationary pressures in the eurozone, which comprises 20 nations. The central bank’s primary rate has been lowered to 3.75%, a decrease from the historic high of 4% where it has remained since …
Continue reading “European Central Bank (ECB) cuts interest rate by 0.25% to 3.75%”
The European Central Bank (ECB) announced its seventh consecutive interest rate cut on Thursday 17th April 2025, lowering the rate by 0.25% to 2.25%. This decision aims to counter economic growth concerns fueled by global trade tensions, particularly the impact of tariffs imposed by the United States. The ECB’s move is expected to make borrowing …
The European Central Bank (ECB) on 6th March 2025 reduced its interest rates to 2.5%, marking the sixth reduction since June 2024 The bank stuck to its plan in the face of economic challenges, including threats of U.S. tariffs and plans to boost European military spending. This move reflects a shift in focus from combating …
Continue reading “EU cuts interest rates again down to 2.5%”
The annual inflation rate in euro zone increased for the consecutive month reaching 2.4% in December 2024, according to the statistics released on Tuesday 7th January 2024 by Eurostat The reading, according to economists’ forecasts, indicated an increase from a revised 2.2% figure in November 2024. Core inflation remained steady at 2.7% for the fourth …
Continue reading “Euro zone inflation rose to 2.4% in December 2024 – as expected”
Annual euro zone inflation rose to 2.3% in November 2024, statistics agency Eurostat said Friday 29th November 2024, climbing back above the European Central Bank’s 2% target. Analysts had expected the 2.3% annual rate for the month, up from 2% in October. Markets have fully priced in a 0.25% interest rate cut from the ECB …
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Inflation in the euro zone increased from 1.7% to 2% in October 2024, according to latest figures released on Thursday 31st October 2024, exceeding the forecast of 1.9%. weakening case for jumbo rate cut Both core inflation and services inflation reportedly remained the same as the previous month. The markets are anticipating a 0.25% reduction …
Continue reading “Euro zone inflation rises to higher-than-expected 2%”
In October 2024, Germany’s inflation rate rose to 2.4%, as per the preliminary figures from the Federal Statistical Office, Destatis This increase defied the expectations of analysts, who had predicted a 0.1% decrease, thus narrowly preventing Germany from entering a technical recession, defined by two successive quarters of economic decline. The inflation rate is adjusted …
The euro zone’s economy expanded by 0.4% in the third quarter, according to flash figures released by the European Union’s statistics office (Eurostat) on Wednesday 30th October 2024. Economists had anticipated a growth of 0.2%, following a 0.3% increase in the second quarter. Analysts predict that euro zone growth may pick up cautiously in the …
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Inflation in the Euro zone decreased to a three-year low of 2.2% in August 2024, according to preliminary data from Eurostat released on Friday 30th August 2024 The core inflation rate, which excludes the volatile elements of energy, food, alcohol, and tobacco, dropped to 2.8% in August from July’s 2.9%, aligning with predictions. Market expectations …
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Asia-Pacific markets witnessed highs on Tuesday 8th July 2024, mirroring the gains on Wall Street where the S&P 500 and the Nasdaq Composite ended at record highs. India’s Nifty 50 index also hit an all-time high of 24401.2 Investors are anticipating the forthcoming U.S. consumer price index release to discern the Federal Reserve’s direction on interest rates. Pundits …
Continue reading “Japan, India and U.S. stock markets continue to hit new record highs!”
Eurozone inflation increased to 2.6% in May 2024, according to Eurostat’s announcement on Friday 31st May 2024. Analysts had anticipated a 0.1% rise from the 2.4% headline figure reported in April 2024. Core inflation, which omits the unstable effects of energy, food, alcohol, and tobacco, rose to 2.9% from April’s 2.7%. Contrary to the flat …
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The decision comes as inflation, which measures price rises over a period of time, remains above the Bank’s 2% target at 3.2%. But bank says cuts are coming. Is the 2% target still a sensible benchmark? The 2% inflation target set by central banks has been a widely adopted benchmark for monetary policy. History The …
Continue reading “UK interest rate held at a 16-year high as Bank of England holds rates at 5.25%”
The FTSE 100 soared past 8300, reaching a new record high amid busy trading as London markets reopened after the bank holiday. A catch-up trading session is evident, with mainland-listed stocks having a robust session on Monday 7th May 2024 and continuing to rise. The FTSE reached around 8335 in intraday trading. Wall Street also …
Inflation rates in the euro area remained constant at 2.4% in April 2024, and the economy experienced growth in the first quarter, as indicated by preliminary figures released on Tuesday. Headline inflation at 2.4% aligned with economists’ forecasts, while monthly inflation registered at 0.6%. Core inflation, which excludes energy, food, alcohol, and tobacco, fell to …
Gold at all-time high above $2,400 Technical analysis indicates that the risk trends towards the upside, with indicators showing overbought conditions and prices rising above moving averages. However, it’s crucial to remember that markets are subject to change and can be affected by various factors, including geopolitical risks and economic data. Recent figures indicate that …
Eurozone inflation eased to 2.4% in March 2024, as indicated by preliminary figures released on Wednesday 3rd April 2024. This decrease has increased expectations that interest rate cuts may start in the summer 2024. Market analysts anticipate that the central bank will commence reductions in interest rates starting in June 2024, reflecting recent communications from …
Continue reading “Euro zone inflation unexpectedly falls to 2.4% in March 2024”
Euro zone inflation eased to 2.6% in February figures showed on Friday 1st March 2024, but both the headline and core figures were higher than expected. Core inflation Core inflation, removing the volatile elements of energy, food, alcohol and tobacco was 3.1% above the 2.9% rate expected. The February figures will be a headache for …
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Fear or Fact? European Central Bank President Christine Lagarde on Friday 17th November 2023 reportedly said that Europe is now at a critical juncture, with deglobalization, demographics and decarbonization looming on the horizon. Fragmentation ‘There are increasing signs that the global economy is fragmenting into competing blocs’, she said at the European Banking Congress, according to …
According to the latest data from Eurostat, the statistical office of the European Union, the euro area annual inflation was 2.9% in October 2023, down from 4.3% in September 2023. The main factor behind the decline in inflation was a sharp drop in energy prices, which fell by some 15% year-on-year in October 2023, compared …
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Eurozone interest rates have been hiked again to a record high by the European Central Bank (ECB). The bank raised its key rate for the 10th time in a row, to 4% from 3.75%, as it warned inflation was expected to remain too high for too long. The latest increase came after forecasts predicted inflation, …