By Xavier Fontdegloria The eurozone jobless rate was stable in November at its record low, highlighting resilience in the labor market despite slowing economic growth. The eurozone unemployment rate stood Read more
Tag: Currency
Eurozone Inflation Sharply Slowed in December as Energy Prices Dropped
By Xavier Fontdegloria Eurozone inflation eased by more than expected in December, reaching a four-month low, driven by moderating energy prices and action from governments to cushion households from rising Read more
Eurozone Inflation Eased in November as Energy Price Rises Slowed
By Maria Martinez Inflation in the eurozone eased in November, due to a deceleration in energy price rises. The consumer price index–a measure of what consumers pay for goods and Read more
Eurozone economic activity contracted for fifth straight month in November, PMIs signal
November saw business activity fall across the eurozone for the fifth consecutive month, adding to fears of a recession, the latest flash purchasing managers indexes showed. The S&P Global eurozone Read more
EU lowers 2023 growth outlook, raises nflation forecasts as war in Ukraine takes toll
The European Commission lowered 2023 growth expectations for the eurozone economy and raised inflation forecasts on Friday, with Russia’s invasion of Ukraine denting global demand and reinforcing inflationary pressures. Gross Read more
EU lowers 2023 growth outlook, raises nflation forecasts as war in Ukraine takes toll
The European Commission lowered 2023 growth expectations for the eurozone economy and raised inflation forecasts on Friday, with Russia’s invasion of Ukraine denting global demand and reinforcing inflationary pressures. Gross Read more
The most influential policymakers in financial markets today
Public policymakers are having tremendous influence on financial markets in 2022. Whether it’s Jerome Powell’s Federal Reserve, which kept injecting fresh dollars into a booming economy, or Vladimir Putin’s decision Read more
Eurozone inflation hits 10.7% in October
Inflation in the eurozone accelerated in October, reaching double digits, with increasing signs that price pressures are broadening beyond food and energy. The consumer price index–a measure of what consumers Read more
Eurozone inflation hits 10.7% in October
Inflation in the eurozone accelerated in October, reaching double digits, with increasing signs that price pressures are broadening beyond food and energy. The consumer price index–a measure of what consumers Read more
Euro slips as traders see ECB opening the door to slower rate hikes
The euro dipped back below parity versus the U.S. dollar on Thursday as traders bet the European Central Bank will slow the pace of interest rate hikes after delivering another Read more