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Europe in Motion

School costs rising faster than inflation: Who pays most in Europe?

As children return to school, European families are once again bracing for a very expensive September with education costs on the rise for school items and textbooks.

Economy

UK energy bills set to rise by 2%, fuelling inflation fears

Average UK households can expect a rise of around £2.93 (€3.40) a month in their energy bills, according to the UK energy regulator Ofgem, which sets the energy price cap for households and businesses.

Markets

Markets rally as Fed Chair Powell signals Fed may soon cut rates

'Shifting risk balance may warrant policy adjustment,' said Jerome Powell in Jackson Hole, at the central bankers' annual meeting, hinting that the Fed may soon cut rates, even as inflation risks remain.

Economy

US inflation shows limited tariff impact, but prices still rise

The latest US numbers show July inflation came in softer than expected at 2.7%. Core prices hit 3.1%, with a more significant tariff hit expected later in the year.

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Economy

UK job vacancies fall at a slower pace while wage growth holds steady

Payrolled employment decreased by 8,000 in July compared with June, the smallest decline since a modest rise in January.

Economy

Trump picks top economic aide Stephen Miran for Federal Reserve board

Miran will take the spot vacated by Adriana Kugler if his appointment is approved by the Senate.

Economy

Bank of England cuts its main interest rate by a quarter point to 4%

The rate cut is the bank’s fifth since last August, when policymakers began to lower borrowing costs from a 16-year high of 5.25%.

Europeans' Stories

Spain’s housing crisis deepens: residents’ anger is rising

Millions across Europe are being priced out of housing, with Spain at the heart of the crisis. Euronews’s international correspondent Valérie Gauriat reports from Barcelona, where skyrocketing rents and property speculation are pushing residents to the brink.

Economy

Eurozone inflation holds at 2% as the euro slumps against the dollar

Eurozone inflation held steady at 2% in July, easing pressure on the ECB. The euro is on track for its worst week since 2022 amid trade tensions and strong US data.

Economy

Fed's Powell leaves interest rates unchanged despite Trump demands

The Fed left its key short-term interest rate unchanged for the fifth time this year, at about 4.3%, as was expected.

Economy

How much has monthly rent in European city centres changed since 2020?

The eye-watering prices of rent in city centres across Europe keeps increasing, with only five European cities having average rents below €2,000 for a three-bedroom apartment, according to a new report from Deutsche Bank.

Economy

European Central Bank leaves key deposit rate unchanged at 2%

The European Central Bank kept its benchmark interest unchanged, in line with analyst estimates.

Economy

Trump: 'Highly unlikely' to fire Fed Chair Powell, but looked into it

President Donald Trump rocked Wall Street temporarily by saying he had “talked about the concept of firing” the head of the Federal Reserve, but was unlikely to do so, ”unless he has to leave for fraud”.

Economy

US inflation accelerates to 2.7% as Trump's tariffs start to bite

Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs are pushing up the cost of a range of goods, including furniture, clothing, and large appliances.

Economy

China sees consumer price inflation in positive territory in June

CPI inflation climbed into the green for the first time since January, although producer prices remain in deflationary territory.

Business

World Chocolate Day: The EU is celebrating with sky-high prices

Prices in the cocoa market have dropped recently from record highs, but coupled with high energy costs, they have fuelled a double-digit increase in European retail prices compared to last year.

Economy

Lagarde says ECB 'will not rest' as eurozone inflation hits 2% in June

Eurozone price pressures rose in line with expectations in June, reaching the ECB’s 2% target. ECB President Christine Lagarde struck a cautious tone in her opening remarks at the central bank’s annual symposium in Sintra.

Economy

Eurozone business activity stalls in June: Will the ECB cut again?

Eurozone business activity stalled in June, with PMI data showing flat growth linked to weak services and manufacturing. Germany improved slightly, while France declined. Persistent service-sector cost pressures and renewed energy concerns may cloud ECB rate cut prospects.

Economy

Energy in Europe is also at stake as Israel-Iran conflict escalates

As the Israel-Iran conflict escalates further, there is a mounting fear that natural gas fields are going to be targeted — as well as oil shipping routes. Europe’s liquefied natural gas supply would be seriously impacted, along with its economies.

Economy

Bank of England holds interest rates amid intensifying inflation risks

As widely expected, the Bank of England kept interest rates on hold as fears grow that the conflict between Israel and Iran will escalate to involve the United States. This would likely send oil prices soaring and push UK inflation further above target.