Euro zone prices dip to 8.5% as ECB flags rate hiking not over.
All eyes on the latest inflation numbers out of the euro zone as market players consider what the ECB will do next. Bloomberg | Bloomberg | Getty Images Inflation in…
ECB digital currency aims to counter potential threats from China, US
European officials have for several years been debating the need to be more autonomous and less reliant on other parts of the world, but talks intensified in the wake of…
Europe is looking to tackle sky-high debt loads after signs it will dodge a recession
The euro zone is now expected to have reached a GDP (gross domestic product) rate of 3.5% in 2022, rather than the 3.2% estimated in November. Justhavealook | E+ |…
SocGen earnings Q4 2022
Societe Generale on Wednesday reported a 64% drop in annual net profits for 2022, weighed on by lower activity in its domestic banking unit, currency effects and increased operating expenses.…
BNP Paribas (BNP-FR) earnings Q4 FY 2022
BNP Paribas reported Q4 2022 and full year earnings. Miguel Medina | Afp | Getty Images BNP Paribas reported Tuesday a 7% rise in net income for 2022 and revised…
Inflation euro zone January 2023 print ahead of ECB rate meeting
Inflation in the euro zone eased in the last two months of 2022 but the economic indicator is still well-above the 2% mandate of the European Central Bank. Jeff Greenberg…
Euro zone GDP Q4 2022
The latest euro zone growth numbers are out as the ECB considers what to do next. Nurphoto | Nurphoto | Getty Images The euro zone beat expectations on Tuesday by…
ECB said it’ll stay the course on rate hikes. But it’s not clear for how long
Christine Lagarde, president of the European Central Bank (ECB). Bloomberg | Bloomberg | Getty Images European Central Bank President Christine Lagarde has repeatedly used the phrase “staying the course” when…
ECB Member Mario Centeno says more rate hikes to come
Mario Centeno, governor of Banco de Portugal. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — There will be “at least” a few more rate hikes in the next couple…
Inflation euro zone December 2022 drops as energy costs ease
Inflation in Europe has been impacted by higher energy prices and supply shortages. Analysts question how far central banks will go to bring inflation under control. Bloomberg | Bloomberg |…