Now playing Next Economy ECB's Christine Lagarde stands firm: No rate cuts on the horizon Those anticipating a dovish pivot from ECB President Christine Lagarde in the wake of comments by Fed Chair Jerome Powell a day earlier would have found her latest press conference a stark contrast. 14/12/2023
Now playing Next Economy ECB holds interest rates steady: What lies ahead for Europe's economy? The European Central Bank (ECB) has held interest rates and said it expects inflation to decline over the course of 2024. 14/12/2023
Now playing Next Economy EU banks amass high reserves despite booming payouts Emergency funds at EU banks remain high whilst shareholders continue to profit from high interest rates. 13/12/2023
Now playing Next Markets Markets wrap: European stocks higher ahead of Fed rate decision European stocks and the FTSE 100 were all trading higher on Wednesday morning ahead of the US Federal Reserve rate decision. 13/12/2023
Now playing Next Markets DAX reaches historic highs: What's behind the surge in German stocks? The DAX index, comprising Germany's top 40 companies by market capitalisation, has reached unprecedented heights this week, surging past the 16,500-point mark, a level last witnessed in early August 2023. 12/12/2023
Now playing Next Markets World's biggest central banks gear up for crucial week for markets Monetary policy decisions from some of the world's biggest central banks will take centre stage this week, against a backdrop of global speculation that they are finished with lifting key interest rates. 11/12/2023
Now playing Next Markets Euro area sovereign bond yields decline on ECB rate cut expectations In recent weeks, sovereign bond yields across the eurozone have experienced a significant downward trend, propelled by mounting market anticipation of forthcoming rate cuts by the European Central Bank (ECB) in 2024. 07/12/2023
Now playing Next Economy Euroviews. Will the ECB cut interest rates next year, and why does it matter? The current mood indicates that the ECB will become the first central bank to cut rates. However, others are saying it is too early to pop open the champagne bottle as the fight against inflation is not over, Osama Rizvi writes. 06/12/2023
Now playing Next Economy Euroviews. In a recession, out of one, on the brink? Here’s where Europe stands While the timing of the recession is difficult to predict, one thing that is for sure is that the downside potential to future economic growth of Europe is real, Osama Rizvi writes. 01/12/2023
Now playing Next Economy Euro area inflation slowdown brings ECB's 2% target back into focus Inflation in the euro area has taken a significant dip, reaching its lowest level in over two years. Euronews Business breaks down the latest figures. 30/11/2023
Now playing Next Economy EU Policy. Rivers, birds, culture: ECB selects motifs for new euro banknotes The EU's central bank is looking to shift from the windows and bridges that decorated the euro since its inception 30/11/2023
Now playing Next Business EU Policy. 'What's the point?' — EU lawmakers sink teeth into digital euro The ECB says issuing digital money will help it keep pace with technology — but some MEPs are unconvinced if not downright hostile 29/11/2023
Now playing Next Economy ECB threatens fines on banks failing to integrate climate risk The European Central Bank will impose financial penalties on banks that take too long to address climate change risks in their business, a senior official has said. 14/11/2023
Now playing Next Economy ECB: Eurozone inflation could rebound in next months Inflation could pick up temporarily while eurozone economic growth will remain weak in the near term, said European Central Bank Vice President Luis de Guindos. 13/11/2023
Now playing Next Economy Europe's central bank halts rate hikes for first time in over a year The European Central Bank left its rates unchanged on Thursday, marking a pause in its restrictive monetary policy after 10 increases since July 2022. 26/10/2023
Now playing Next Markets European markets lower ahead of key ECB rate decision The market's cautious mood comes after a wave of quarterly earnings reports, as traders ponder the ECB's next monetary policy moves due on Thursday. 25/10/2023
Now playing Next Economy Eurozone unemployment still at its lowest level in August, at 6.4% Unemployment rates continue to decrease in countries that use the euro. For the European Union as a whole, the unemployment rate stood at 5.9% in August, the same as in May and June. 02/10/2023
Now playing Next Economy German inflation falls to its lowest level since start of Ukraine war The inflation rate in Germany is expected to be 4.5% in September 2023. 28/09/2023
Now playing Next Europe News ECB interest rates to remain high for as long as needed - Lagarde The President of the European Central Bank (ECB) Christine Lagarde signalled on Monday that borrowing costs may have reached their peak, but will remain high for as long as it takes to curb inflation. 25/09/2023
Now playing Next Economy Eurozone inflation revised down to 5.2% in August Despite the decrease, inflation still remains far above the European Central Bank's 2% objective. 19/09/2023