François Villeroy de Galhau, Governor of the Bank of France, reported a decline in mortgage interest rates, dropping below 3.4% in November 2024 from 4% in January. This reduction results from decreasing inflation, which he expects to stabilize around 1.5%…
Inflation in Germany rose unexpectedly by 2.6% in December 2024 compared to the previous year, marking the third consecutive monthly increase. While energy prices decreased, the costs of food and services rose. Economists predict that inflation will remain above 2%…
As Donald Trump prepares to take office as President of the United States on January 20, 2025, investors are closely watching his election promises that will shape economic policies. Analysts believe these policies will significantly impact US, European, and global…
Yannis Stournaras, the Governor of the Bank of Greece, reiterated that he expects the European Central Bank’s (ECB) key interest rate to decrease to around 2% by autumn 2025, down from the current 3%. He noted the ECB’s four reductions…
In 2025, consumers and savers in Europe may see continued effects from the European Central Bank’s interest rate policies. Following multiple rate cuts in 2024 aimed at combating inflation and stimulating the economy, experts anticipate further decreases. However, the impact…
Christian Lindner, the leader of Germany’s Free Democratic Party (FDP), has proposed that the European Central Bank (ECB) and the Bundesbank consider including cryptocurrencies like Bitcoin in their reserves. Citing progressive moves by the upcoming Trump administration on cryptocurrency policy,…
European Central Bank President Christine Lagarde announced that the ECB is nearing its inflation target of 2% for the Eurozone but remains cautious about rising service sector inflation, currently at 3.9%. Lagarde indicated that further interest rate cuts are anticipated…
With the European Central Bank lowering interest rates, investors are exploring foreign currency options like the US Dollar, Swiss Franc, and Japanese Yen for potentially higher returns. However, such investments come with significant risks, including currency fluctuations and higher fees…
In an interview, Claudia Buch, Chief Banking Supervisor of the EU, assesses the current state of European banks in light of economic slowdowns and rising insolvencies. She highlights the robustness of the banking sector, the impact of past crises being…
UniCredit has raised its stake in Commerzbank to approximately 28 percent and aims to increase this to 29.9 percent. The bank’s investment aligns with its confidence in the German banking sector, although it insists the involvement is purely as an…
European Central Bank President Christine Lagarde announced potential interest rate cuts if inflation continues to move towards the target of 2%. With the ECB having already cut rates four times in 2023, investors anticipate further easing due to concerns about…
In a recent speech at the Centre for Economic Policy Research in Paris, former Italian Prime Minister and European Central Bank President Mario Draghi criticized the European policy of maintaining low wage growth to enhance external competitiveness. He emphasized that…
