ECB's Schnabel Warns Against Overreacting in Monetary Policy
ECB Executive Board member Isabel Schnabel stresses the importance of a cautious approach to monetary policy, arguing against overreacting despite nearing neutral interest rates an...
Economy News
US Composite PMI Reaches 33-Month High in December: A Mixed Bag of Economic Indicators
The US PMI Composite Output Index reached a 33-month high in December, driven by an increase in the services sector and a decline in manufacturing. Key indicators show a mixed econ...
Uncertainty Looms Over ECB's Monetary Policy Cycle End
ECB Vice-President Luis de Guindos raises doubts about the end of the current monetary policy cycle, stating interest rate cuts will continue but final outcome is uncertain. He als...
Italian Inflation Surges to 1.3% in November, Driven by Energy and Food Prices
Italy's consumer price index increased by 1.3% in November, driven by energy and food prices. Core inflation edged up to 1.9%, while the HICP rose by 1.5% annually.
UK Private Sector Activity Stagnates in December Amid Economic Uncertainty
UK's private sector activity remained unchanged in December, with the PMI Composite Output Index at 50.5. Services PMI rose to a two-month high, while Manufacturing PMI hit an 11-m...
German Private Sector Shows Signs of Recovery in December
Germany's private sector activity showed a slight improvement in December, with the services sector reaching a two-month high and the manufacturing sector facing challenges. This c...
December Sees Promising Uptick in Eurozone Private Sector Activity
The Eurozone's PMI Composite Output Index is expected to rise to 49.5 in December, up from 48.3 in November, indicating improved private sector activity and a two-month high.
ECB's Lagarde Hints at Further Rate Cuts Amid Disinflation Trend
ECB President Christine Lagarde suggests further interest rate cuts may follow if disinflation data continues to confirm the trend. She also warns of potential energy price and fre...
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