The European Central Bank (ECB) has set interest rates at an all-time high in an attempt to combat ongoing inflation.
Christine Lagarde Gears Up to Criticize Italy over its unexpected €3bn bank tax
The European Central Bank (ECB) is gearing up to criticize Italy over its unexpected windfall tax on banks, amidst growing tension between Christine Lagarde, the ECB’s President, and Italian Prime
Eurozone is impacted by an upsurge in core inflation, amidst looming prospects of increased interest rates.
The Eurozone has experienced a surge in core inflation, indicating that the single currency bloc continues to face persistent price pressures.
The European Central Bank elevates interest rates to their peak in over two decades
The European Central Bank (ECB) has elevated its interest rates to a peak not seen in 22 years, while concurrently increasing its inflation forecasts.
Inflation in the Eurozone drops to its lowest point in twelve months.
Inflation in the Eurozone has plummeted to its lowest point in over a year, aided by a decrease in energy prices. The primary rate for May dropped to 6.1%, a
ECB signals interest rates may need to hit new record
Christine Lagarde, President of the European Central Bank (ECB), has indicated that eurozone interest rates may need to reach a new record as the region continues to grapple with persistent
Germany risks falling into recession this year
According to recent data, the German economy contracted more than expected in the final quarter of 2022, shrinking by 0.4 per cent compared to the previous three months, and raising
Europe’s Fossil Fuel Use Is Set to Plummet in 2023
As the European Union focuses on renewable energy sources to replace Russia’s energy supply, the amount of electricity generated from fossil fuels is expected to plummet.
Germany on cusp of recession experts have warned
Experts warn that Germany is in recession after unexpectedly falling at the end of last year, according to official data.
UK Inflation on track for double digits
Hussain Mehdi at HSBC Asset Management warns that the worst is yet ahead, with inflation expected to reach double digits for the first time since 1980.
What an inflation shock really looks like for the UK
The 80s are back in fashion. Top Gun has returned to the cinemas, Kate Bush is number one and inflation is at an all-time high since 1982. Global food security