European Central Bank cuts rates for the fifth time as Germany and France teeter on the brink of recession
ECB chief Christine Lagarde (pictured) said the single currency bloc was 'set to remain weak in the near term' as the rate was cut from 3% to 2.75%.
ECB cuts rates, leaves room for more easing
The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation. It was the fifth ECB rate cut since June and markets expect two or three more this year,
ECB Cuts Rates With Economy at a Standstill
The central bank cut rates by a quarter point, as it rushes to brace a stagnant economy against President Trump’s threatened tariffs.
ECB cuts interest rates again as German economy teeters on recession
The European Central Bank cut interest rates again on Thursday after separate data showed economic stagnation, led by contraction in Germany and France.
European markets uptick ahead of anticipated ECB rate cut
London (UKX) +0.17% though UK stocks lagged behind European peers. Germany (DAX:IND) +0.26% Germany's GDP contracts 0.2% Q/Q in Q4. France (CAC:IND) +0.40% France GDP shrinks in Q4, flash estimates show.
Euro Stays Weaker Against Dollar After ECB Cuts Rates
The euro stayed weaker against the dollar, showing little reaction after the ECB cut interest rates by a widely-expected 25bps.
Germany's recession fears return ahead of election
The German economy contracted more than expected in the final quarter of last year, spurring again recession fears, as Europe ...
While Germany and France are drowning in recession, the leader in GDP growth is emerging in the EU
According to the results of last year, Poland's GDP grew by 2.9%. A clear acceleration is visible — a year earlier, experts ...
Financial Advisor1d
Europe In Trump's Crosshairs
U.S. President Donald Trump's return to the White House represents a grave threat to Europe's security, economy and clean-energy transition.
Hungary Exits Recession as Sluggish Growth Takes Hold
The Hungarian economy climbed out of recession at the end of last year though it was far from gaining momentum, complicating ...
Hedge funds bet against Starmer’s Britain
Hedge funds are betting more aggressively against Sir Keir Starmer’s Britain than any other major European country amid fears ...
Fortune28d
Recession bites as German jobs market faces slowdown ahead of early general election
© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...
WEF President on Planning for a ‘Geopolitical Recession'
What does “geopolitical recession” mean? It means that we are in a polarized, fragmented world where we see less cooperation ...
The Economist28d
The secret to one of Europe’s best-performing stockmarkets
A COUNTRY BATTLING recession, high energy costs and political uncertainty may be an unlikely home for Europe’s hottest stockmarket. But Germany’s DAX index, the benchmark for its 40 largest ...
European carmakers braced for tough 2025 despite ‘firework’ of launches
The European car industry body Acea estimated that fines, carbon credit costs and the sales of EVs at a loss could cost carmakers €16bn if fines for 2025 were not delayed. Its preliminary data showed ...