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Economy

ECB follows 'middle path' on rates as inflation risks remain

Eurozone inflation fell to 2.4% in December 2024, but ECB chief economist Philip Lane cautions that services inflation and uneven growth persist. A "middle path" on interest rates and structural reforms is crucial for stability.

Economy

UK inflation highest among G7 countries as energy costs raise prices

The UK has continued to have one of the highest inflation rates in the G7, mainly driven by rising energy prices and ongoing supply chain issues.

Economy

Inflation eases in Sweden as hopes of rate cut from Riksbank grow

Analysts are now hopeful that the Swedish central bank will lower its key policy rate later this month, following five interest rate cuts last year.

Economy

Banking mergers are hot - but cross-border deals still face hurdles

High interest rates have allowed banks to build cash reserves for takeovers, although national concerns could be hindering pan-European deals.

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Russia

Russian central bank holds interest rate at 21%

The decision has brought criticism from influential business figures, who say high rates are hindering business activity and preventing growth.

Economy

ECB interest rate cuts in 2025: How low could they go?

The ECB is expected to cut rates further in 2025 as weak growth and cooling inflation persist. While markets predict a drop to 2%, some analysts suggest deeper cuts could follow if trade risks and global uncertainties escalate.

Markets

Global markets in sea of red as the Fed dims hopes of Santa rally

Global markets are set to end the week lower following the Fed’s hawkish rate cut on Wednesday, which sent government bond yields soaring, draining liquidities.

Economy

Stocks plunge as Federal Reserve's tilt triggers ‘Black Wednesday’

Fed sparks market rout: Wall Street plunged, the dollar hit two-year highs, and Treasury yields spiked as Powell struck a hawkish tone, warning of inflation risks and cautious rate cuts ahead. Bitcoin slid 5% after Powell ruled out a US crypto reserve tool.

Economy

US Federal Reserve set to announce quarter-point cut to its key rate

Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might enjoy only slight relief from still-high borrowing costs for mortgages, auto loans and credit cards.

Economy

Economists react to ECB’s rate cuts: What’s next for monetary policy?

The ECB cut rates by 25 basis points to 3%, dropping its commitment to keep policy “sufficiently restrictive” and signalling confidence in achieving its 2% inflation target. Economists expect gradual cuts to continue, with risks from trade tensions and geopolitical uncertainties looming.

Economy

UK economy unexpectedly shrinks in October for second straight month

The figures come as a setback for the new Labour government and its pro-growth agenda.

Markets

Weekly recap: Stock market rally stalls amid bond market jitters

Global markets saw a slide in weekly performance due to rising government bond yields, following the US inflation data release and the ECB’s hawkish rate cut.

Economy

Lagarde: ECB worried on growth but confident inflation is on track

The ECB has cut rates by 0.25% to 3%, citing progress toward its 2% inflation target and warning of downside growth risks. Lagarde noted signs of slowing momentum and weak investment. A larger cut was debated, but consensus formed around 25 basis points. Policy remains data-driven.

Economy

European Central Bank delivers final rate cut of the year

The ECB started cutting the main interest rates in June 2024, to boost the Eurozone's lagging economy, through lower rates to encourage borrowing, spending and investment.

Markets

Hopes of a US interest rate cut on inflation data helps Nasdaq soar

US stock indexes returned to positive territory as the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve.

Economy

Turkey inflation dips for sixth month in a row as utility prices drop

Turkish inflation eased for the sixth consecutive month in November. However, it was still higher than analysts expected, leading to concerns that Turkey's Central Bank might delay cutting interest rates.

Markets

Markets look ahead: French political risk and US jobs data in focus

Market participants will continue to watch the development of the French government crisis and key economic data from major economies this week.

Economy

Greek bonds mark historical milestone: Spread erased against France

Greek sovereign bonds have achieved a historic milestone, closing their yield gap against France, reflecting Greece's fiscal reforms and economic resilience. Meanwhile, French bonds face pressure from political uncertainty, rising deficits, and structural economic challenges.

Economy

Eurozone's inflation rate rises to 2.3%: Should the ECB be concerned?

Annual inflation in the eurozone edged higher in November, matching expectations, while Germany reported its worst retail sales drop in two years, signalling broader economic challenges for the region.

Economy

Turkey falls into recession as interest rates remain sky-high

Analysts believe rate cuts will begin early next year as high borrowing costs stifle investment and production.

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