Economy News

Economy

Bank of England Holds Steady: Interest Rates Remain at 4.5% Amid Economic Uncertainties

The Bank of England has decided to keep the interest rate unchanged at 4.5%, citing ongoing economic uncertainties and challenges in meeting the inflation target. Despite progress ...

Economy

Bank of England Expected to Maintain Interest Rates at 4.5% Amid Economic Uncertainty

The Bank of England is expected to maintain interest rates at 4.5% amidst economic uncertainty and fluctuating inflation. Recent data shows UK inflation rose to 3% in January, with...

Economy

Christine Lagarde Calls for Rapid Advancement in Digital Euro for Enhanced European Security

ECB President Christine Lagarde emphasizes the need for accelerating the digital euro's development to enhance Europe's financial security and independence, amidst global shifts to...

Economy

Eurozone Construction Sector Shows Resilience with a 0.2% Growth in January

The Eurozone's construction output grew by 0.2% in January, with building construction leading the way. Despite a slight decline in the EU, annual figures show a resilient sector w...

Economy

ECB's Lagarde Highlights Uncertainty in Rate Decisions Amid Trade Tensions

ECB President Christine Lagarde discusses the uncertainty in setting rate paths due to trade tensions, the disinflationary process, and the potential impacts of US tariffs on EU gr...

Economy

February Sees a 0.7% Surge in German Producer Prices: A Deep Dive into the Numbers

Germany's producer prices rose by 0.7% in February, driven by increases in non-durable consumer goods, food, and capital goods prices, despite a downturn in energy costs.

Economy

UK Job Market Holds Steady: Unemployment Rate Remains at 4.4% in January

The UK's unemployment rate stayed at 4.4% in January, with employment rising to 75% and economic inactivity dropping to 21.5%. Vacancies remained steady, and average earnings grew ...

Economy

Swiss National Bank Slashes Interest Rates to 0.25% Amid Inflation Concerns

The Swiss National Bank reduces its policy rate to 0.25% to address low inflation and economic risks, with forecasts for inflation and GDP growth in the coming years.