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Economy

Where in Europe have property prices increased tenfold since 2015?

Hungarian house prices have climbed by more than 166% since 2015, but there's a country with an even more eyewatering increase.

Economy

UK house prices climb as buyers return to market

House prices in the UK have risen year-on-year for the first time in 13 months, signalling a recovery after last year’s property slump.

Economy

Mortgages with interest under 1% - a new era in home financing?

Own New in the UK has launched a mortgage product that will enable borrowers to take out a loan with an interest rate under 1% for those buying new builds - is this the new era of home financing, and will it catch on in Europe?

Economy

Turkey holds key interest rate at 45% as consumer prices soar

Turkey held its key interest rate at 45% on Thursday as consumer prices rose by nearly 65% in January.

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Economy

China cuts key interest rate to revive property sector

The world's second-biggest economy is launching a new effort to boost a sector which provides 25% of the country's GDP.

Economy

Pound moves higher as UK retail sales rise at fastest pace since 2021

January's jump in sales was the biggest since April 2021 and followed a 3.3% fall in December.

Economy

UK enters recession as economy shrinks: Will the BoE cut rates sooner?

An economy is widely considered to enter a technical recession following two consecutive quarters of negative economic growth, which is usually measured by GDP.

Markets

Bitcoin prices soar, following post-approval surge in demand

Bitcoin ETFs have seen more demand than previously expected, following last month's approval by the US Securities and Exchange Commission.

Economy

German inflation eases raising ECB interest rate cut hopes

German inflation eased to 3.1% in January year-over-year from 3.8% in December, confirming preliminary data, according to the country's federal statistics office.

Economy

Boom or bust? Economic impact of ageing populations and fewer births

Life expectancy is rising, birth rates are falling, and pension systems are starting to creak - so what does ageing mean for interest rates and the wider economy?

Economy

Why did markets fall after Fed meeting and Powell’s remarks?

Why did markets fall after Fed meeting and Powell’s remarks?

Business

UK company profit warnings worse than during 2008 bank crisis

One in five UK companies warns of declining profits as high interest rates take their toll.

Markets

Markets’ week ahead: European stocks slip ahead of Fed rate reveal

The US Federal Reserve is expected to announce its interest rate decision on Wednesday, with speculations of a rate cut increasingly losing steam.

Economy

Lagarde urges caution as investors bet on ECB rate cuts soon

The ECB President warned that the European economy most likely experienced stagflation in the last quarter of 2023 and outlined the risks of further economic slowdown.

Economy

Good news for US as growth shows surprise jump

The world's biggest economy grew significantly faster than expected at the end of 2023, making a recession look increasingly unlikely.

Economy

Turkey’s central bank hikes key interest rate to 45% to curb inflation

This hike is the latest move to control soaring inflation, which has left several households unable to afford basic necessities.

Economy

ECB keeps interest rates unchanged, sticks to data-dependent approach

As expected, the European Central Bank kept rates unchanged at its January meeting, despite increasing calls for monetary loosening.

Economy

Here's why businesses in Turkey are more optimistic about inflation

Following months of sky-high inflation, Turkey’s January Business Confidence report points towards a slowly improving situation.

Markets

Markets’ Week Ahead: European stocks up ahead of ECB rate decision

European shares climbed up as investors expect the ECB to keep rates steady at its monetary policy meeting this week.

Markets

UK estate agents predict respite for housing market

Brighter days could lie ahead for the housing market following a rocky period caused by inflated mortgage costs.

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