Tag #Ecb

theglobeandmail.com
🌐 85% Global Worthiness
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No Blanket Tariffs Boost ECB Rate Cut Bets

The lack of sweeping U.S. trade tariffs has boosted market confidence in the ECB's ability to cut rates, reversing recent investor fears about inflation and leading to predictions of four rate cuts this year; however, President Trump's future trade policy remains a wild card.

Progress

36% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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High Eurozone Savings Hamper Economic Recovery

Eurozone households saved 15.7% of their disposable income in Q2 2024, significantly higher than pre-pandemic levels (12-13%), hindering consumption and economic growth due to inflation's impact on wealth and uncertainty from the Ukraine war.

Progress

36% Bias Score

No Poverty
dw.com
🌐 85% Global Worthiness
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Eurozone Inflation Rises to 2.4% in December 2024

Eurozone inflation reached 2.4 percent year-on-year in December 2024, up from 2.2 percent in November, with services inflation at 4 percent. Germany's inflation was 2.6 percent.

Progress

16% Bias Score

No Poverty
faz.net
🌐 75% Global Worthiness
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Germany's Inflation Remains Elevated Amidst Rising Costs and Weak Economy

Germany's inflation is expected to remain high in January due to increased CO2 taxes, higher Deutschlandticket prices, and rising service costs, with economists predicting a 2.5 percent rate and warning against rapid interest rate cuts.

Progress

28% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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\"Germany's Inflation Cools to 2.2 Percent in 2024, but Concerns Remain\"

\"Germany's 2024 inflation rate fell to 2.2 percent, significantly lower than the 5.9 percent in 2023 and 6.9 percent in 2022, primarily due to decreasing energy prices and moderating wage growth; however, service and food prices remain elevated, raising concerns for 2025.\

Progress

44% Bias Score

No Poverty
theglobeandmail.com
🌐 75% Global Worthiness
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Dollar Gains on Higher Yields and Averted Shutdown

The US dollar index (DXY00) rose 0.20% on Tuesday, supported by higher US interest rates and the averted US government shutdown, while EUR/USD fell 0.14%, and USD/JPY rose 0.09%; gold and silver prices also increased amid geopolitical risks.

Progress

36% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Austria's Central Bank Chief Sees No Immediate Economic Risks From Far-Right Government

Austria's central bank chief says there are no immediate economic risks from a potential far-right government, citing planned spending cuts and the EU's decision against opening an excessive deficit procedure, despite concerns in Brussels over the FPÖ's stance on Russia and Ukraine.

Progress

44% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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Eurozone Inflation Rises to 2.4% in December 2024

Eurozone inflation rose to 2.4 percent in December 2024, up from 2.2 percent in November, driven mainly by a 4 percent increase in services inflation; rising energy and potential agricultural commodity price increases add further upward pressure.

Progress

24% Bias Score

No Poverty
elpais.com
🌐 75% Global Worthiness
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Eurozone Inflation Edges Up in December 2024, Future Risks Remain

Eurostat reported 2.4% inflation for December 2024 in the Eurozone, exceeding the ECB's target slightly but remaining below 2023 peaks; rising service prices and potential trade conflicts pose future risks.

Progress

40% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 75% Global Worthiness
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ECB Rate Cuts Force Spanish Banks to Adapt Strategies

The European Central Bank's four interest rate cuts to 3% have reduced profitability for Spanish banks, prompting them to increase business volume, leverage international operations, and diversify into areas like insurance sales. BBVA's high profitability is primarily due to its Mexican business, wh...

Progress

36% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 65% Global Worthiness
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Rhineland-Palatinate Inflation Rises to 3.3 Percent in December 2024

Rhineland-Palatinate's inflation rate rose to 3.3 percent in December 2024, impacting consumer purchasing power; the annual average was 2.6 percent, a decrease from 5.8 percent between 2023 and 2022.

Progress

16% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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ECB to Cut Interest Rates Further Amid Weak Growth

The European Central Bank (ECB) plans further interest rate cuts if inflation continues to fall, prioritizing weak economic growth over inflation concerns, with President Lagarde hinting at a 'neutral' rate between 1.75% and 2.5%.

Progress

44% Bias Score

Decent Work and Economic Growth