UKโs Rachel Reeves faces pain wherever she turns
POLITICO grilled economists, wonks and strategists on the grim choices facing the country’s top finance minister after a dramatic week.
economic data
CEE takes bold step into AI future with Action Plan
AI Chamber launches an ambitious regional AI Action Plan to boost AI innovation, unlock โฌ100B in growth, and position CEE as Europe’s AI hub.
CEE takes bold step into AI future with Action Plan
AI Chamber launches an ambitious regional AI Action Plan to boost AI innovation, unlock โฌ100B in growth, and position CEE as Europe’s AI hub.
BoE ready to cut again as UK braces for trade war impact
Analysts expect the Bank Rate to be lowered to 4.25 percent.
Relief for Reeves as UK economy turns up in February
… assuming the numbers can be trusted.
The Fedโs forecast on Trumpโs economy: Slower growth, higher inflation
The Fed chief said โa good partโ of a projection for higher prices is coming from tariffs.
Easy does itย โย ECB can keep cutting gradually in December, says Croatiaโs Vujฤiฤ
Political uncertainty stalking the eurozone, however, is best navigated with a meeting by meeting approach.
ECB to abandon crisis-era strategy as inflation falls
Chief economist Philip Lane says focus on latest economic data will ebb
Bank of England prepares to cut rates despite U.S. election turmoil
Analysts see a 25 basis point cut as the most likely result tomorrow, but political uncertainty clouds the outlook going forward.
ECB will need to step up rate cuts if outlook darkens, chief economist said
Gloomy economic data concerned Philip Lane and other policymakers, minutes of September meeting reveal
7 ways the US is beating Europe
Scan the economic data and it’s easy to see why Europeans have reason to look on with envy at their friends across the Atlantic.
Portuguese bank chief: ECB may need to accelerate interest rate cuts
ECB President Christine Lagarde had hinted last week that there would be no further action until December.
Germanyโs rude economic awakeningย
After a spate of bad news involving giants like Volkswagen and Intel, the mood in Germany has turned gloomy.
Markets look ahead: EU final CPI, BoE, BoJ, and Fed rate decisions in focus
This week is packed with critical economic data and events, shaping global market sentiment. Three major central banks are scheduled to hold policy meetings and make decisions on their interest rates.
Deutsche Bank chief tells Germans: Work longer and harder
CEO adds that political instability could hurt Germany’s appeal as an investment destination.
Interest rates are falling, but Europeโs big debtor countries still wonโt get much relief
Long-dated debt and slow growth means that overall borrowing costs will stay high and debt burdens heavy.
UK economy grew robustly in Q2 โ but thatโs as good as it gets, for now
GDP per capita is still below its pre-pandemic peak, meaning that the average Briton is still worse off than five years ago.
Bank of England cuts key interest rate to 5 percent, saying inflation threat has eased
First decrease since 2020 eases pressure on businesses a month after Keir Starmer became prime minister.
ECB leaves rates unchanged, keeps door open to September cut
Spotlight on Lagardeโs press conference as uncertainty over French budget policy swirls.
Report: Trump wouldnโt fire Fedโs Powell if reelected
The presumptive GOP nomineeโs remarks suggest that he may not go further than he did in his first term.
ECB keeps rates unchanged but cuts inflation, growth forecasts
ECB staff cut inflation and growth forecasts as tight policy bites
Manufacturing sector improves but UK economy not out of the woods yet
The latest set of economic data from the UK has come in strong for November indicating that there may be hope for the British economy after all.
Investors bet on earlier interest rate cuts in eurozone and UK
Weak economic data have added to investorsโ conviction on ECB and BoE moves next year
Chinaโs slow recovery may hit European markets harder than expected
With China continuing to see disappointing economic data, European markets may suffer as Chinese exports and investments fall.
Spain sees better-than-expected post-COVID growth
The revisions are due to new economic data and the difficulty in measuring economic activity in “such exceptional circumstances” as the COVID-19 pandemic, according to the INE.
Eurozone inflation stays hot in August, ECB rate debate rages on
Unemployment rate stays steady at 6.4 percent record-low.
Biden hails โnew era of partnershipโ for US, South Korea and Japan
Threats from China and North Korea shadowed the historic trilateral summit
Germany expects major investments worth โฌ80bn despite economic slowdown
Amid an economic downturn which has prompted fears of deindustrialisation, German economy minister Robert Habeck emphasised the strengths of the German economy and said that major investments of around โฌ80 billion are in the pipeline.ย