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Inflation

Europe to be hit hardest in global slowdown says OECD

The global economy should avoid a recession next year but the worst energy crisis since the 1970s will trigger a sharp slowdown with Europe...

ECB warns record inflation spells trouble for banks, governments

The European Central Bank (ECB) warned of rising stability risks for everyone from lenders to governments and households as the economic outlook darkens and...

Romania’s consumer price inflation slows to 15.32% in October

Romania's consumer prices dropped to 15.32% in October, compared to 15.88% in September, the national statistical office (INS), said on Friday, according to See...

ECB to continue raising rates even as economy suffers

The European Central Bank will continue to raise borrowing costs even as the eurozone economy suffers because letting inflation stay high would be even...

Le Maire says Europe energy independence would cut inflation

French Finance Minister Bruno Le Maire stepped up demands for the European Union to take swift and firm action to respond to U.S. President...

ECB must keep raising rates even if recession risks rise, Lagarde says

The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased,...

Euro zone inflation soars to new record as economic growth fades

Euro zone inflation surged to a fresh all-time high, while the bloc’s economy lost momentum, reinforcing fears that a recession is now all but...

French growth slows as Europe frets over recession

Hopes that the euro zone can stave off a recession got a boost as Germany defied expectations by reporting another quarter of economic growth,...

Euro zone inflation at double-digit record piles pressure on ECB

The euro zone’s economic crisis intensified with the first ever reading of double-digit inflation, piling pressure on the European Central Bank (ECB) to keep...

Lagarde says ECB will lift rates at next ‘several’ meetings

European Central Bank President Christine Lagarde said borrowing costs will be raised at the next “several meetings” to ensure inflation expectations remain anchored and...
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