Craig Stirling

The latest marker of underlying US price pressures will offer little hope of settling the debate among Federal Reserve officials about whether they’ve made enough progress on inflation to step off the monetary-policy brakes.

Germany Business Gloom in Survey Points to Zero Growth for 2023

Euro-zone manufacturing activity shrank this month at the fastest pace since the pandemic shuttered factories three years ago, threatening to sap momentum from an economy driven by services.

Die Nachricht von der ersten Rezession in Deutschland seit Beginn der Pandemie im Jahr 2020 wird in Frankfurt kaum wahrgenommen. Die Europäische Zentralbank bleibt unbeirrt auf Straffungskurs.

Euro-zone inflation data next week will probably show frustratingly slow progress toward the European Central Bank’s 2% target, keeping officials focused on the need for more interest-rate hikes.

When Otmar Issing became chief economist of the fledgling European Central Bank a quarter of a century ago, he was greeted with a letter from one of the project’s leading skeptics.

Als Otmar Issing vor einem Vierteljahrhundert Chefvolkswirt der jungen Europäischen Zentralbank wurde, erhielt er zur Begrüßung einen Brief von einem der führenden Skeptiker des Projekts.

US employers are gradually dialing back the pace of hiring and hourly earnings are moderating, offering some solace to Federal Reserve policymakers in their bid to wrangle still-elevated inflation.

Prime Minister Giorgia Meloni has just five months left to find a new Bank of Italy chief in what may be the one of the most significant appointments she gets to make.

With the Federal Reserve approaching a possible pause in interest rate-hiking, two close-call decisions elsewhere in the world offer a foretaste of the quandary US officials have in store.