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Inflation concerns weigh on gold as yellow metal ends with second weekly declines
05 May 2024 08:42 GMT
… admitted that progress on inflation has stalled. In a … that various inflation metrics are showing rising inflation, it was … sentiments (May preliminary) and inflation expectations. The UK… (Q1 preliminary), whereas the Euro-zone's services and …
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Eurozone emerges from recession
05 May 2024 05:59 GMT
… eurozone has come out of recession but, with core and services inflation … both declining in April, this will not prevent the ECB … interest rates, as stubborn inflation removes the need for … economic activity to bring inflation under control, Fed chair …
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ECB must find road to stability despite dodgy steering and poor visibility
05 May 2024 01:19 GMT
… in the ECB’s history.
A surge in inflation, triggered by … aggressively. In February 2023, inflation measured using the harmonised index … previous economic cycles, the highest eurozone inflation was just 3.5 per … it looks as though the ECB will reduce its base …
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ECB recommends amendments to Bulgaria’s draft law on introduction of the euro
04 May 2024 17:31 GMT
… in certain circumstances, the ECB said.
It also advises … be corrected, the ECB said.
The ECB welcomed the provision in … euro zone finance ministers agree to be lenient in applying the inflation … Bulgaria’s accession to the euro area is expected later this …
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Euro zone yields headed for weekly fall after Powell comments, await US data
03 May 2024 11:01 GMT
… yield, the benchmark for the euro zone, fell 2 basis points (bps … precipitate rate cuts even if inflation were to remain relatively sticky … policy path divergence between the ECB and the Fed - tightened … to hold bonds of the euro area’s most indebted countries - …
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Euro zone factory activity takes turn for the worse in April, PMI survey shows
02 May 2024 21:57 GMT
… in demand.
HCOB’s final euro zone manufacturing Purchasing Managers’ Index (PMI …
Suggesting no immediate turnaround for euro zone manufacturers the new orders index … widely expected move as inflation broadly eases.
Euro zone inflation held steady at 2 …
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European Central Bank: inflation and interest rate developments
04 May 2024 08:57 GMT
… level to the ECB’s target, as March inflation was contained to … be accounted for within the Eurozone.
Firstly, decisions on monetary policy … of monetary policy across all euro area countries, could prove beneficial. The …
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Euro-Zone Pay Growth Stays Firm in First Quarter, Citigroup Says
02 May 2024 14:48 GMT
… ) -- Negotiated wages in the euro area probably failed to slow in … on to consumers and keep inflation above their 2% goal.
Some … , Austria also saw an acceleration.
ECB officials are gearing up for …
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Euro zone factory activity took turn for the worse in April, PMI shows
02 May 2024 08:27 GMT
… The ongoing downturn in euro zone manufacturing activity deepened in … HCOB's final euro zone manufacturing Purchasing Managers' … going to rescue the euro zone economy? While this … expected move as inflation eases. Euro zone inflation held steady at …
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Euro zone yields slip after Fed signals rates higher for longer
02 May 2024 07:13 GMT
LONDON, May 2 (Reuters) - Euro zone bond yields edged
lower on … Jerome Powell told reporters that inflation was
too high and progress … yield, the benchmark for the
euro zone, fell 2.7 basis points …