Federal Reserve holds rates steady: Policy divergence with ECB widens
The Fed kept rates steady at 4.25%-4.50%, signalling caution amid strong US growth and elevated inflation. Meanwhile, the ECB faces pressure to cut...
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Jobless figures in EU and eurozone unchanged as growth stagnates
The unemployment rate for the EU as a whole was 5.9% in December 2024, up from 5.8% in November 2024 and down from 6.0% in December 2023, according...
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ECB cuts rates again as inflation nears 2% and growth remains weak
The European Central Bank (ECB) cut its benchmark interest rate again by a quarter-point to 2.75% on Thursday as inflation nears 2% and growth...
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Defaults skyrocketed last year to the highest tally since the start of the pandemic - and 2024 is set to bring more pain to corporations
Non-financial corporate defaults almost tripled from 2022 to 2023, Moody's said. Analysts expect defaults to climb further in 2024. In the fourth...
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Spring Statement 2025 predictions and rumours – is Rachel Reeves going to raise taxes?...
CHANCELLOR Rachel Reeves will deliver a Spring Statement on March 26. This is different from the Budget, which is the big financial plan the...
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