Euro zone households likely to keep saving to rebuild wealth, ECB says
Euro zone households could keep saving a large portion of their income to rebuild wealth lost to high inflation, the European Central Bank argued, suggesting lacklustre consumption will continue to weigh on growth in the near term.
Euro-Zone Inflation Rebounds But Won’t Derail ECB Rate Cuts
Euro-area inflation accelerated last month, supporting the European Central Bank’s gradual approach to reducing interest rates, without derailing them altogether.
Euro zone inflation rose to 2.4% in December, meeting expectations
The pace of price rises in the euro zone's largest economy, Germany, hit a higher-than-expected 2.9% in December, according to figures published separately this week. Inflation in France meanwhile came in at 1.8% last month, below a Reuters analyst poll forecasting a 1.9% print.
Euro zone inflation jumps in December 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.
Ghana Inflation at Eight-Month High Reduces Prospect of Rate Cut
Ghana’s annual inflation rate climbed to its highest level in seven months in December, reducing the prospects of an interest-rate cut later this month.
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 inflation on track for ECB rate cuts this year
Services inflation rose in December to 4 per cent, constraining the doves at the next meeting in January Eurozone inflation data arrived as expected and will do little to change the rationale at the European Central Bank as it prepares for its next meeting at the end of January.
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.
Analysis-For good reasons and bad, global bond wobble passes over euro zone
Just as Britain and the United States come under pressure from investors worried about growing debt and sticky inflation, the ...
European markets close lower as euro zone economic sentiment declines
European markets are expected to open broadly lower Wednesday. The U.K.'s FTSE 100 index is expected to open 4 points lower ...
European Stocks Gain as Euro-Zone Inflation Data Picks Up
European stocks rose on Tuesday as euro-zone inflation data for December increased, supporting the case for gradual rate cuts ...
Euro zone consumers hold back spending as economy stagnates
Euro zone retail sales grew less than expected in November, confirming that consumption remains in the doldrums and adding to ...
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Euro zone bond yields hold steady around six-week highs
Germany's 10-year bond yield, the benchmark for the euro zone, rose 1 basis point (bps) to 2.399%, around its highest in six ...
Greeks Bid Farewell to Reformist Former Prime Minister Simitis
ATHENS (Reuters) - Greeks bid farewell on Thursday to former prime minister Costas Simitis, a law professor and reformist, who died last week at the age of 88 and was praised for steering Greece into ...
Euro zone economy ended 2024 in precarious state, PMI shows
HCOB’s final composite PMI showed overall activity contracted for a second straight month in December as a modest recovery in ...