ECB Must Remain Patient to Fully Reach 2% Price Goal, Nagel Says (18.09.2024)
The European Central Bank has made good progress in bringing inflation down, but needs patience to fully reach the 2% target, Governing Council member Joachim Nagel said.
"Das ist historisch": Norwegen: Mehr E-Autos als Benziner auf den Straßen (17.09.2024)
Norwegen feiert einen historischen Meilenstein im Verkehr: Erstmals gibt es mehr Elektroautos als Benziner. Der Erfolg ist unter anderem auf eine begünstigte Besteuerung zurückzuführen. Experten sehen das Land auf dem Weg zur weltweit führenden E-Auto-Nation.
Trump Appointee, Possible Fed Chair Waller Doesn’t Want Political Influence (17.09.2024)
Former President Donald Trump wants the White House to have a say on interest rates. The Federal Reserve governor seen as a possible candidate to lead the central bank in a second Trump term is vehemently opposed to the idea.
Chinesische Partner für Leoni und Steyr Automotive (18.09.2024)
Der chinesische Konzern Luxshare Precision Industry steigt beim Autozulieferer Leoni des oberösterreichischen Unternehmers Stefan Pierer ein. Das teilte Leoni am Dienstag mit. Auch Steyr Automotive von Siegfried Wolf holt Chinesen als strategische Partner an Bord.
German Investor Confidence Plummets After Spate of Bad News (17.09.2024)
Investor confidence in Germany’s economy plunged to its lowest level in almost a year after further signs of a deepening malaise in the key manufacturing sector.
ECB’s Kazaks Says Rates to Be Cut Further But Not Too Quickly (16.09.2024)
The European Central Bank will ease monetary policy further, though it shouldn’t do so too hastily due to lingering inflation risks, according to Governing Council member Martins Kazaks.
Barclays and Danske Say ECB Will Disappoint Market Rate-Cut Bets (16.09.2024)
Barclays Bank Plc and Danske Bank A/S strategists say the pace of interest-rate cuts by the European Central Bank may prove slower than the market is pricing.
China Slowdown Spurs Calls for Stimulus Before It’s Too Late (14.09.2024)
China’s economy lost momentum in August as activity cooled across the board, pointing to mounting risks to achieving the government’s annual growth target.
China’s Deepening Slowdown Tests Xi’s Tolerance for Growth Miss (16.09.2024)
Back in January, Premier Li Qiang trumpeted China’s success in exceeding its 2023 growth goal without resorting to “massive stimulus.” Repeating the same feat this year now looks less likely.
Is the Fed’s Interest-Rate Cut Coming Too Late to Avoid Recession? (15.09.2024)
The central bank’s first interest-rate cut is widely expected on Wednesday, but investors are more focused on what will happen immediately after the announcement.
ECB’s Wunsch Says Rates Should Fall, But Warns on Inflation (15.09.2024)
The European Central Bank should be able to continue to ease policy, but must be mindful of consumer-price growth, according to Governing Council member Pierre Wunsch.
US Consumers Are on Edge About Income, Retirement in Latest Data (13.09.2024)
A record share of households are uncertain about the US economic outlook, most expect inflation to take a bigger chunk of their incomes and the likelihood of a comfortable retirement is the lowest in a decade.