European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
Europe's economy showed zero growth at end of 2024 as eurozone's biggest economy Germany struggled
Europe’s economy stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight ...
EUR/USD attracts some sellers below 1.0400 ahead of German Retail Sales data
AUD/USD is defending minor bids above 0.6200 in the Asian session on Friday, hanging close to a nearly two-week low amid the ...
Independent.ie8h
Rate-cut relief for borrowers, but EU economy is in a slump
European Central Bank (ECB) ­president Christine Lagarde did not mince her words about the wider economic conditions even as ...
Euro zone economy stagnated last quarter, foreshadowing weak 2025
The euro zone economy stagnated last quarter as worried consumers zipped up their purses, adding to fears that a long-predicted recovery could be further delayed, Eurostat data showed on Thursday.
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 ...
Buy16h
LONDON MARKET CLOSE: Rate cut hopes send stocks higher after weak data
Axel Rudolph at IG observed: "The slowest US growth in three quarters has revived hopes that the Fed may move away from its hawkish hold. Eurozone GDP stalling and the German economy - in a mild ...