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eurozone data

ECB Raises Rates, Says Pausing Is an Option

The euro fell against the dollar as President Christine Lagarde said the central bank was keeping an open mind on its next rate call. The euro fell against the dollar as President Christine Lagarde said the central bank was keeping an open mind on its next rate call. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

How U.S. Drug Companies Could Tip Europe Into Recession

Swings in Ireland’s pharmaceutical industry, often rooted in tax moves by U.S.-based firms, have outsize impact on European output. Swings in Ireland’s pharmaceutical industry, often rooted in tax moves by U.S.-based firms, have outsize impact on European output. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

ECB Likely to Hike Rates in July: Lagarde

Central bank president warned that recent economic shocks were still working their way through Europe’s economy. Central bank president warned that recent economic shocks were still working their way through Europe’s economy. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their…

Central-Bank Action Finally Cooling Global Economy, Data Indicate

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Inflation Drags Eurozone Economy Into Recession

High energy and food prices following Russia’s invasion of Ukraine hit household spending in Europe. High energy and food prices following Russia’s invasion of Ukraine hit household spending in Europe. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the…

Cooling Eurozone Inflation Opens Path for ECB Rate Pause

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Dollar Is Still King in Europe and Swaying Interest Rates

The Federal Reserve’s interest-rate increases affect Europe’s economy as much as—or even more than—they do the U.S. The Federal Reserve’s interest-rate increases affect Europe’s economy as much as—or even more than—they do the U.S. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

Germany Enters Recession in Blow to Europe's Economy

The world’s fourth-largest economy shrunk for a second consecutive quarter as households cut their spending, which could prompt greater caution by the European Central Bank. The world’s fourth-largest economy shrunk for a second consecutive quarter as households cut their spending, which could prompt greater caution by the European Central Bank. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the…

Europe's Economy Cools Down as Interest-Rate Rises Bite

European business activity slowed in May, a sign that rising borrowing costs are taking a toll on economic growth as central banks scramble to tame stubbornly high inflation. European business activity slowed in May, a sign that rising borrowing costs are taking a toll on economic growth as central banks scramble to tame stubbornly high inflation. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content,…

European Central Bank Slows Pace of Rate Increases

FRANKFURT—The European Central Bank increased its key rate by a quarter percentage point, shifting to less aggressive monetary-policy tightening amid signs that the bank’s monthslong campaign against high inflation is starting to bear fruit. The decision to move more slowly in raising borrowing costs comes after the Federal Reserve nudged rates higher on Wednesday but signaled a pause in monetary tightening. FRANKFURT—The European Central Bank increased its key rate by a quarter…