Euro

Economic Indicators

Europe’s economy shrank. For households that are hurting, it’s just numbers

The eurozone had a technical recession, with output dropping in Q4 2022 and Q1 2023

By David Mchugh, The Associated Press and Courtney Bonnell, The Associated Press |June 8, 2023

3 min read

Economic Indicators

China, central bank digital currencies may chip away at dollar’s dominance: TD

Global preeminence of the U.S. dollar facing multiple challengers

By James Langton |May 31, 2023

1 min read

Economic Indicators

ECB rate hikes to go higher than expected: Fitch

Stronger core inflation expected to drive higher rates in euro area

By James Langton |January 13, 2023

2 min read

Economic Indicators

Europe’s inflation slows again but cost of living still high

December rate of 9.2% down from 10.6% in October but energy prices up 25.7%

By Kelvin Chan, The Associated Press |January 6, 2023

3 min read

Economic Indicators

Europe sees fastest pace of rate hikes since euro launched

The ECB raised interest rates again on Thursday, with more expected to come

By David Mchugh, The Associated Press |October 27, 2022

4 min read

Economic Indicators

Europe’s outlook ‘darkening,’ ECB head hedges on recession

Christine Lagarde said the bank's baseline scenario was subdued economic growth

By David Mchugh, The Associated Press |September 26, 2022

4 min read

Economic Indicators

Inflation hits 9.1% in countries using euro currency

Energy prices rose 38.3% in August in euro zone

By Kelvin Chan, The Associated Press |August 31, 2022

2 min read

Economic Indicators

Inflation hits record 8.9% in euro area, but economy grows

ING warns of ‘no imminent signs of relief’ as energy prices rise nearly 40% in eurozone

By Courtney Bonnell and Colleen Barry, The Associated Press |July 29, 2022

3 min read

Economic Indicators

Europe’s central bank backs larger than expected rate hike

Another European rate hike expected in September; Bank of Japan short-term policy rate stays at minus 0.1%

By David Mchugh, The Associated Press |July 21, 2022

4 min read

Economic Indicators

Europe’s central bank ready to ‘stamp out’ surging inflation

The ECB will end asset purchases on Friday that worked to boost the economy

By The Associated Press |June 28, 2022

2 min read

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