The race to secure goods from China before tariffs are imposed has taken off, with international cargo flights out of the Asian nation increasing to new records in the weeks since Donald Trump won the US election.

The euro is on track to cap its worst month in over a year, blighted by the prospect that US trade tariffs will hit the region’s already battered economy.

Inflation expectations of consumers in the euro area edged higher in October, according to the European Central Bank — supporting policymakers arguing in favor of a cautious approach to lowering interest rates.

The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.

US hiring probably jumped in November after hurricanes and a major strike undercut job growth a month earlier, consistent with a labor market that’s healthy yet gradually cooling.

The European Central Bank doesn’t need to constrain the economy any longer and may even have to take interest rates to levels that promote growth, according to Governing Council member Francois Villeroy de Galhau.

German inflation unexpectedly remained unchanged in November, backing arguments for the European Central Bank to continue lowering interest rates.

After three decades of growing trade between China and the West that reshaped the global economy, leaders and businesses in Washington, Brussels and elsewhere are looking to pull back. They worry that China’s dominant role as the workshop of the world has created gaping imbalances and unhealthy dependencies, and harmed their ability to compete in industries created by or transitioning to a low-carbon economy. “Decoupling” was how politicos and pundits initially described the solution, suggesting

Federal Reserve Bank of Chicago President Austan Goolsbee said he sees interest rates moving “a fair bit lower,” while expressing confidence inflation is easing toward the central bank’s objective alongside a solid labor market.

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Some European Union member states want the bloc to engage more urgently with Donald Trump’s transition team as they hope to stave off disruption and worsening tensions with its largest trading partner.

A draft COP29 deal to scale up international climate finance to at least $1 trillion angered delegates on all sides over a lack of detail about where the money would come from.

Europe will see economic activity weaken if the US imposes tariffs, according to European Central Bank Governing Council member Yannis Stournaras.

European Central Bank monetary policy must remain restrictive given lingering inflation risks, according to Governing Council member Robert Holzmann.

Federal Reserve Bank of Boston President Susan Collins said more interest-rate cuts are needed, but policymakers should proceed carefully to avoid moving too quickly or too slowly.

Federal Reserve Governor Lisa Cook said it will likely be appropriate for the central bank to cut interest rates toward a more neutral stance over time, citing inflation progress and a solid labor market.

Before Donald Trump’s election, Redfin Corp. projected mortgage rates would average 6.1% next year. But three days after the election, they revised their estimate upward to 6.8% – basically unchanged from today’s high levels.

The European Central Bank should lower borrowing costs at each meeting until it reaches a level that neither restricts nor stimulates economic activity, according to Governing Council member Yannis Stournaras.

The euro zone is on the cusp of sustainably reaching 2% inflation, putting the onus on officials to avoid undershooting that goal, according to European Central Bank Governing Council member Yannis Stournaras.

Car sales in Europe are flatlining, leading manufacturers including Ford Motor Co. and Volkswagen AG to push for cost cuts in response to muted demand.

In einem zunehmend rauer werdenden internationalen Umfeld haben die Risiken für die Finanzakteure im Euro-Raum nach Einschätzung der Europäischen Zentralbank (EZB) zugenommen. Die EZB nennt vor allem das schwache Wirtschaftswachstum und die wachsenden Konflikte im Welthandel als größte Auslöser ihrer Besorgnis.

Euro-area financial institutions are increasingly using dollar markets for liquidity, creating risks to financial stability if US funding dries up, according to the European Central Bank.

In a cooling US labor market, recent college graduates are among those feeling the chill most.

Rising trade frictions pose an additional risk to the euro-area economy and threaten to amplify vulnerabilities in the region’s financial system, the European Central Bank warned.

A key gauge of euro-zone wages jumped by the most since the common currency was introduced in 1999 — complicating the European Central Bank’s plans for interest-rate cuts as inflation eases.

Bis Ende 2027 will der Autokonzern 4000 Stellen in ganz Europa abbauen. Die meisten von ihnen sollen in Deutschland wegfallen. Noch ist nicht klar, ob Jobs in Österreich betroffen sind.

Huawei Technologies Co.’s ambitions to create more powerful chips for AI and smartphones have hit major snags because of US sanctions, stalling a major Chinese effort to match American technology.