EC lowers Eurozone inflation, growth forecasts for 2024

EC lowers Eurozone inflation, growth forecasts for 2024

(VOVWORLD) -The European Commission (EC) on Thursday lowered its economic growth and inflation forecasts for the Eurozone in 2024, warning spreading geopolitical tensions will increase uncertainty for the single-currency...
ECB President says inflation hasn't peaked

ECB President says inflation hasn't peaked

(VOVWORLD) - Eurozone inflation has not peaked and could go even higher than currently expected, European Central Bank President Christine Lagarde said Monday, hinting at a series of interest rate hikes...
Inflation hits record high in Europe

Inflation hits record high in Europe

(VOVWORLD) -The European Union's annual inflation was 11.5% in October this year, up from 10.9% last month, according to figures published by Eurostat, the statistical office of...
Eurozone inflation hits record high

Eurozone inflation hits record high

(VOVWORLD) - Inflation in the Eurozone exceeded the forecast and hit a record high in October. It’s likely that the European Central Bank (ECB) will continue to raise interest rates...