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Posted 09/12/2022

European Central Bank Poised to Hike Rate by 50bps as Bloc Enters Recession

A Reuters poll revealed that the European Central Bank is likely to raise its...

Posted 30/11/2022

Eurozone Inflation Remains High at 10% in November

Inflation in the eurozone rose 10% in November, slightly below a 10.6% growth in...

Posted 11/11/2022

EU Cuts Growth Projection for 2023, Expects Inflation in Eurozone to Reach 6.1% Next Year

The European Commission on Friday cut the GDP growth forecast for 2023 and expects...

Posted 01/11/2022

ECB Chief Says Rates Must Rise despite Increasing Recession Risks

The head of the European Central Bank said on Tuesday that the bank must...

Posted 31/10/2022

Eurozone Inflation Hits Record High of 10.7% as Growth Stalls

Inflation in the Eurozone exceeded 10% in October, bringing even more pressure to be...

Posted 19/10/2022

Eurozone Inflation Revises Down to 9.9% in September, Still at Record High

The Eurozone reported annual inflation of 9.9% in September, marginally lower than estimated earlier...

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