Germany and France see contraction as euro zone stalls in Q4
The euro zone economy stagnated in the fourth quarter of 2024, registering zero growth, according to preliminary data released by Eurostat on Thursday. The figure...
Tag : ECB
Germany’s economic activity sees persistent decline amid weak manufacturing
Germany's economic contraction persisted in December, marking the sixth consecutive month of declining business activity, according to the HCOB German flash composite Purchasing Managers' Index...
UK inflation rises to 2.6% in November as energy costs increase
U.K. inflation rose to 2.6% in November, marking the second consecutive monthly increase, according to data released by the Office for National Statistics (ONS) on...
ECB lowers deposit rate to 3.5% as inflation nears target
MENA Newswire News Desk: In a move widely anticipated by economists, the European Central Bank (ECB) cut its key deposit rate by 25 basis points to...
ECB slashes rates, addressing inflationary pressures in Euro zone
The European Central Bank (ECB) has announced its first interest rate cut since 2019, reducing the key rate from 4% to 3.75%. The decision, which...
Despite banking turmoil, the ECB continues to hike rates
In spite of financial market chaos and calls by investors to dial back policy tightening at least until sentiment stabilizes, the European Central Bank (ECB) raised...