BERLIN, GERMANY - FEBRUARY 24: Robert Habeck, chancellor candidate of the German Greens Party, speaks to the media the day after German parliamentary elections on February 24, 2025 in Berlin, Germany. The Greens came in fourth place with 11.6% of the vote, down 2.9% from the previous election. (Photo...
A man pushes his shopping cart filled with food shopping and walks in front of an aisle of canned vegetables with "Down price" labels in an Auchan supermarket in Guilherand Granges, France, March 8, 2025.Nicolas Guyonnet | Afp | Getty ImagesAnnual Euro zone inflation dipped as expected to 2.2%...
Customers shop for fresh fruits and vegetables in a supermarket in Munich, Germany, on March 8, 2025.Michael Nguyen | Nurphoto | Getty ImagesGerman inflation came in at a lower-than-expected 2.3% in March, preliminary data from the country's statistics office Destatis showed Monday.It compares to February's 2.6% print, which was...
U.S. President Donald Trump's tariff policies are making the path ahead for European Central Bank interest rates "more complicated," according to Pierre Wunsch, member of the ECB's Governing Council."We were going in the right direction. And I was actually quite relaxed," he told CNBC's Karen Tso on Thursday on...
Undiscouraged by the rain, shoppers and visitors out on Oxford Street braving the bad weather from the latest storm using umbrellas on 28th January 2025 in London, United Kingdom. Oxford Street is a major retail centre in the West End of the capital and is Europes busiest shopping street...
Adriana Kugler, member of the Board of Governors of the US Federal Reserve, speaks on the economy in Washington, DC, US, on Wednesday, Feb. 7, 2024. Al Drago | Bloomberg | Getty ImagesInflation could prove sticky while prices might pick up again, Federal Reserve Governor Adriana Kugler warned, signaling that...
Europe's struggling economy has economists worried — and senior European Central Bank policymaker Mário Centeno, echoes that view."I am very concerned about the European economy," Centeno, who is also governor of the Bank of Portugal, told CNBC's "Squawk Box Europe" on Friday.On Thursday, the ECB revised its gross domestic...
The European Central Bank on Thursday cut interest rates by 25 basis points and updated the language in its decision to say monetary policy was becoming "meaningfully less restrictive."The cut brings the ECB's deposit facility rate, its key rate, to 2.5% — a move that markets had widely priced...
Markus Söder (l-r), Chairman of the CSU and Minister President of Bavaria, Friedrich Merz, candidate for Chancellor of the CDU/CSU, Chairman of the CDU/CSU parliamentary group and Federal Chairman of the CDU, Lars Klingbeil, Chairman of the SPD parliamentary group and Federal Chairman of the SPD, and Saskia Esken,...
Two parents and their two children walk through a section of sweet cakes, biscuits and jam.Nicolas Guyonnet | Afp | Getty ImagesEuro zone inflation eased to 2.4% in February but came in slightly above analyst expectations, according to flash data from statistics agency Eurostat out on Monday.Economists surveyed by...