Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

ECB expects extra charge cuts as inflation fears abate

FRANKFURT (Reuters) – The European Central Financial institution expects to chop rates of interest additional if inflation settles at its 2% goal because it expects, among the ECB’s prime brass mentioned on Monday. ECB President Christine Lagarde and the financial…

‘We count on Treasury yields to say no’: UBS

US Treasury yields reached their highest level since late November of the earlier yr. This enhance occurred regardless of widespread market expectations that the Federal Reserve will decrease rates of interest additional within the upcoming Federal Open Market Committee assembly…

Volkswagen, labor leaders re-engage in essential cost-cut talks

Volkswagen (ETR:VOWG_p) and labor representatives have re-engaged in discussions this Monday with the goal of resolving ongoing disputes relating to value discount methods for the automaker’s operations in Germany. The negotiations, which have been difficult, deal with how the corporate…

German lawmakers set stage for early nationwide election

German legislators have accepted a measure that can result in an early nationwide election, which is now scheduled for February 23. This choice helps Chancellor Olaf Scholz’s initiative to dissolve his present authorities ahead of initially deliberate. Chancellor Scholz, a…