Sterling edges lower versus dollar, eyes on military spending
Sterling edged lower against a strengthening dollar and held steady versus the euro a day after the British government's ...
February inflation: Sharp drop expected in France, stability in the rest of the Eurozone
French inflation likely to be around 1.1% year-on-year in February on the harmonised index (1% on the Insee figure). The big ...
EUR/GBP holds losses near 0.8300 following German Consumer Confidence Survey
EUR/GBP remains under pressure as Germany’s GfK Consumer Confidence Survey dropped to -24.7 going into March.
ECB’s Stournaras Says Too Soon to Discuss Pausing Cuts: Politico
It’s too early for the European Central Bank to debate pausing its cycle of interest-rate reductions, Governing Council member Yannis Stournaras told Politico.
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European Equities Close Mixed in Tuesday Trading; German GDP Declines in Q4
The European stock markets closed mixed in Tuesday trading as the Stoxx Europe 600 was up 0.13%, Germany's DAX was down 0.13%, the FTSE 100 in London gained 0.11%, France's CAC 40 dropped 0.49%, and ...
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Sea of red as US-China tech war ratchets up
European Central Bank (ECB) board member Isabel Schnabel is also set to speak in London about the future of the central bank balance sheet. Stay current - Follow FMT on WhatsApp, Google news and ...
ECB rates no longer a material drag on growth, Schnabel says
The European Central Bank interest rate that neither slows nor spurs growth has climbed in the past two years, and it's no ...
ECB Can Keep Cutting Rates as Inflation Approaches Target, Bundesbank’s Nagel Says
The European Central Bank could continue to reduce interest rates as eurozone inflation approaches its target, Bundesbank ...
Nagel Says ECB Rates Approaching Neutral With All Options Open
The European Central Bank is approaching a new regime in which monetary policy no longer constrains the economy and will base ...
ECB’s Schnabel Cautious on Cuts as Rates May Not Be Restrictive
The European Central Bank should lower borrowing costs cautiously as its current monetary-policy stance may no longer be ...
Morning Bid: Sea of Red as US-China Tech War Ratchets Up
It is a sea of red in Asia as investors grapple with risk posed by the U.S. intensifying its technology war with China in ...
Stagflation-lite could still make policymakers sweat: McGeever
Economists at Morgan Stanley and HSBC recently cut their 2025 UK GDP growth forecast to 0.9% from 1.4%, and the BoE said it expects inflation to peak later this year at 3.7% before receding. Bailey ...