Will the European Central Bank face a problem that has bedeviled the Bank of Russia?
Euro zone consumers lowered their near-term inflation expectations last month but continued to see economic contraction ahead, indicating that households remain relatively downbeat on the bloc's prospects,
Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank — but leaving open how far the central bank will go in lowering borrowing costs for an economy that’s still struggling to show robust growth.
Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing costs.
Annual inflation in the eurozone and European Union is drifting away from a 2% goal established by the European Central Bank in 2024. According to a report released Monday by Eurostat, the annual inflation rate climbed to 2.
Considering the confluence of technical factors, along with the fundamental factors of ECB and BOJ policy decisions and inflation rates, EURJPY presents a complex trading landscape.
The news that the European Central Bank has cut interest rates for the sixth time in the past 12 months is a positive development for Irish consumers and businesses.
The decision comes after inflation cooled to 2.4% in the eurozone in February, higher than the forecasted 2.3%. While price pressures are nearing the ECB's 2% target, the total was predominantly ...