Europe’s economy has stalled. But an interest rate cut will likely have to wait for summer
FRANKFURT, Germany (AP) — Inflation in Europe is way down from its painful double-digit peak, and the economy has stalled....
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European Central Bank holds rates, hints at June cut
The European Central Bank on Thursday lowered its annual inflation forecast, as its confirmed a widely expected hold of interest...
Cyprus floats solar bank idea to EU
Maintenance engineers check installations at a new solar park outside the northern Greek city of Kozani, June 3, 2022. In...
Jeremy Hunt delivers crucial pre-election budget announcements
Sterling inches up slightly against the dollarThe pound was slightly higher against the dollar at the close of the U.K.'s Spring Budget...
Egypt’s central bank floats Egyptian pound against US dollar
Egypt's central bank instructed banks to open the limit for using credit cards after it had only allowed a total...
EU to scrutinize Vasiliko energy project
The procedures and decisions related to Cyprus’ largest energy project at Vasilikos are gaining significant attention. According to information from...
Voters remember Trump’s economy as being better than Biden’s. Here’s what the data shows.
As voters head to the polls on Super Tuesday, many will be voting with one issue top of mind: the...
Interest rates will have to stay high for years, warns top central bank
Persistent inflation means central banks across the world will be forced to keep interest rates high for years to come...
Hunt forced to abandon plans for first-time buyer giveaway
House prices have risen by more than 30pc in that time, meaning many young people are forced to pay a...
Plans for 99pc mortgages scrapped after backlash from banks
On top of this, Mr Cook estimated that the rate on a 99pc mortgage could be around 0.5 percentage points...
