ECB maintains rate floor, monitors economic outlook
The European Central Bank (ECB) plans to maintain a “floor” under market interest rates, with the decision on the…
Browsing Tag
Inflation
Inflation figures dominate, Yen surges
European investors are focused on a heavy dose of inflation data today, including figures from Germany, France,…
EU wind power surge bolsters green ambitions
WindEurope stated on Wednesday that the EU’s clean energy targets are more achievable due to a record-breaking year…
Gold steady amid dollar-yield tussle
Gold prices remained stable on Wednesday, as the impact of a stronger dollar was somewhat balanced by lower US…
Australia inflation holds at 2-yr low in Jan.
Australian consumer price inflation remained at a two-year low in January, defying expectations for an increase and…
Mercedes forecasts sales drop amid global tensions
Mercedes-Benz predicted a drop in sales returns for its cars and vans division in 2024, according to a Thursday…
Fed officials express concerns over rapid rate cuts
Most Federal Reserve officials warned against rushing to lower interest rates during their recent policy meeting,…
Australia’s RBA unlikely to ease rates soon
The Reserve Bank of Australia (RBA) requires more time to ensure that inflation is decreasing before ruling out…
Nigeria’s inflation hits 29.90%, highest since mid-1996
Nigeria’s headline inflation rate rose to 29.90 per cent in January 2024, compared to 28.92 per cent in December…
Zambia central bank hikes rates to 12.5%
Zambia's central bank has raised its benchmark lending rate by 150 basis points to 12.5 per cent, for the fifth…