Inflation
Europe’s outlook for economic growth brightens a little
The European Union’s executive body raised its economic growth forecast, saying Europe had dodged a winter recession that was feared amid an energy crisis but...
Romania’s inflation slows to 11.2% y/y in April
Romania’s consumer prices rose by 11.23% on the year in April, following an annual increase of 14.53% in March, the national statistical office (INS) announced...
ECB says consumers’ inflation expectations rose significantly
Consumer expectations for euro-zone inflation rose “significantly” in March, bolstering the case of European Central Bank officials who say interest-rate increases may need to...
ECB set to slow rate hikes as financial conditions tighten rapidly
The European Central Bank is expected to lift its benchmark rate by a smaller step of 25 basis points on Thursday, as core inflation...
Euro zone inflation edges up in March, keeping ECB on alert
Euro zone inflation eased last month but underlying readings remained stubbornly high, Eurostat said on Wednesday, confirming preliminary data that raised worries at the...
Romania to hold rates with inflation set to ease
Romania will probably refrain from raising interest rates further as the central bank expects price growth to ease in the coming months, Bloomberg reports.
Policymakers...
European shares rise ahead of eurozone inflation data
European shares rose on Tuesday as investors rebuffed concerns over surprise output cuts by OPEC and its allies while awaiting eurozone producer prices for...
Oil prices jump, markets narrow odds on Fed hike
Oil prices surged on Monday after Saudi Arabia and other OPEC+ producers announced a surprise round of output cuts, a potentially ominous sign for...
Euro zone inflation posts record drop to 6.9% as energy falls
Eurozone inflation dropped at a record rate to 6.9% in March, driven by a sharp decline in energy prices, Eurostat data showed on Friday, according...
Lagarde pledges ‘robust’ policy with ECB ready to act as needed
The European Central Bank will take a “robust” approach that allows it to respond to inflation risks as needed but also aid financial markets...