Banks struggled to process payments on Friday after an unprecedented day-long breakdown in the European Central Bank's ...
Interest rate futures moved sharply in response, raising the expectations of a Fed rate cut although the first is still not expected until June. The market path of US interest rates is now in line ...
After trading choppily for most of the week, the EUR/USD pair plummeted on Thursday, bottoming early Friday at 1.0379, its lowest in over two weeks. It got to bounce modestly from the level ahead of ...
German headline inflation was unchanged at 2.3% year-on-year in February. Core inflation came down to 2.6% YoY from 2.9% YoY.
Germany's annual inflation rate was 2.3% in February, in line with the forecast, according to provisional data by Destatis on ...
Banks encountered difficulties in handling payments on Friday due to an extraordinary, full-day malfunction of the European ...
U.S. President Donald Trump floated a 25% "reciprocal" tariff on European cars and other goods on Wednesday, sparking renewed worries about a possible trade war ...
President Trump has ramped up tariff threats this week. There will be another 10% levy imposed on Chinese imports to the US, and 25% tariffs will be imposed on Mexico and Canada on 4th March. He did ...
Officials who help steer the European Central Bank’s oversight arm want it to take a fresh look at how it conducts ...
The latest data shows inflation is at its lowest level since February 2021, before a series of supply shocks drove it higher across Europe and much of the globe. It also marks the first time since ...
Euro zone inflation prospects improved while growth remained anaemic, fresh data showed on Friday, solidifying the case for ...
Economists have added a big disclaimer to their view that the European Central Bank will cut interest rates three more times: ...