Europe’s markets lose steam amid EU deadlock on Ukraine, trade tension
The rally in European stock markets took a breather as EU leaders struggled to secure a €5 billion funding package for Ukraine. Investor sentiment was…
Eurozone economy stagnates in Q4 as Germany and France contract
Eurozone GDP stagnated in Q4 2024 as Germany (-0.2%) and France (-0.1%) contracted, reinforcing expectations of more ECB rate cuts. The euro held at $1.04,…
At World Economic Forum, Trump threats overshadow talk of climate, free trade
DAVOS, Switzerland — The European Central Bank’s president responded Friday to President Trump’s accusation of unfair trade treatment by calling for negotiations and mutual respect rather…
ECB set to trim interest rates again: What’s next and why it matters
The ECB is set to cut rates by 25 basis points to 3%, with further easing expected into 2025. Lower rates may provide a much-needed…
ECB rate cuts: ‘We’re breaking the neck of inflation,’ says Lagarde
Inflation is on track to hit the medium-term 2% target in 2025. The ECB remains data-dependent, with no pre-commitment to future rate changes. ADVERTISEMENTIn a…
ECB staff push back against ‘authoritarian’ climate views
Aggrieved employees claim the organisation’s green stance undermines principles of diversity and inclusion. ADVERTISEMENTThe European Central Bank’s staff committee has criticised a member of the…