German economy skirts recession, helped by construction and exports
The German economy skirted a recession at the start of the year, growing more than expected thanks to the construction…
Euro zone inflation steady in April, reinforcing ECB rate cut case
Euro zone inflation held steady as expected in April but a crucial indicator on underlying price pressures slowed, solidifying an…
The German economy can still grow after all
The economy can still grow. Just as some German children have been asking their parents whether they remember a time…
French economy slightly grows in Q1
The French economy slightly grew in the first quarter, preliminary data from the INSEE statistics agency showed on Tuesday, a…
ECB’s Knot: increasingly confident about disinflation
Euro zone inflation is falling towards 2% and geopolitical stress poses only moderate risks but the European Central Bank should…
More Fed officials ready to say goodbye to low-rate world
A growing number of Federal Reserve officials don’t see a return to the ultra-low interest rates that prevailed before the…
Fed holds policy steady: rate hikes remain “unlikely” despite lack of inflation progress
The Federal Reserve left its policy rate unchanged and argued its policy stance is “in a good place”, but officials…
US manufacturing sector regresses in April; prices paid near two-year high
U.S. manufacturing contracted in April amid a decline in orders after briefly expanding in the prior month, while a measure…
China’s April manufacturing PMI moderated to 50.4 but still points to expansion for a second consecutive month
As expected, the April manufacturing PMI of 50.4 showed a slight moderation from March’s strong 50.8 read, but remained in…
Fed announces reduction in balance sheet runoff pace
The Federal Reserve announced plans on Wednesday to slow the speed of its balance sheet drawdown, after having spent much…