Tag: European Union inflation

Both the Federal Reserve and the European Central Bank received some relief this week after consumer price growth in the U.S. and Europe remained on the decline. This development is certain to assure both central banks that their latest interest rate policy decision was...

Eurostat, the statistics office of the European Union, revealed on Tuesday that eurozone consumer inflation has fallen slightly from its initial estimates for the month of August. Still, it remains more than twice as high as the European Central Bank's inflation target. According to Eurostat,...

Chiefs of the Federal Reserve as well as the European Central Bank on Friday dashed any hopes that the two central banks would change their inflation targets. Federal Reserve Chair Jerome Powell confirmed that no changes would be made during his keynote address at...

Eurozone yields were relatively unchanged at the start of August, remaining unphased by recent signs of stress in Europe's manufacturing sector. The 10-year German Bund, the European benchmark, held steady at 2.46%. Italy's 10-year yield, another benchmark, remained flat at 4.11%. This comes after marginally...

Swiss National Bank President Thomas Jordan confirmed that the central bank may need to continue its interest rate hiking agenda in order to limit the country's inflation. "The fight against inflation is not over yet — we need to make sure we bring it back...

Eurozone bond yields rose on Wednesday to their highest levels since the end of April as British inflation data fell less than expected. UK inflation fell to 8.7% from 10.1% in March, falling short of an expected drop to 8.2%. Germany's 10-year bond yield rose...