Now playing Next Economy Low-income Europeans facing hard times over housing cost struggle ECB research shows that more than one-fourth of low-income households expect late payments on their mortgages in the coming months. 22/04/2024
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Now playing Next Economy Could oil price surge derail the ECB's plans for a rate cut in June? Latest developments in the Middle East raise concerns about a potential broader conflict and its global economic ramifications. Key worries for Europe include whether escalating energy prices might influence the European Central Bank's (ECB) decision-making regarding a planned rate cut in June. 19/04/2024
Now playing Next Economy ECB's Lagarde highlights private capital need for innovation in Europe At a Council on Foreign Relations meeting on Wednesday, European Central Bank President Christine Lagarde stressed the importance of private investments in catalysing Europe's green transition and fostering innovation. 18/04/2024
Now playing Next Markets Could the euro reach parity with the dollar as the ECB cuts rates? As the ECB hints at potential interest rate cuts, contrasting with expectations of delayed US Fed easing due to high inflation, the euro faces downward pressure, hitting a six-month low below 1.07 against the dollar. 12/04/2024
Now playing Next Economy Inflation cools in Germany and France as food and energy prices fall German and French inflation numbers both fell in March, primarily due to declining food and energy prices, leading to more hopes of inflation soon returning to the ECB’s 2% target. 12/04/2024
Now playing Next Markets Weekly round-up: Markets at crossroads following ECB’s rate-cut hint The European stock markets will likely end the week in the red for the second straight week due to surging bond yields, despite the European Central Bank’s hint for a June rate cut. 12/04/2024
Now playing Next Economy Lagarde sets the stage for a June rate cut: What hurdles remain? The European Central Bank may ease policy restrictions at the next June meeting, dependent on data reinforcing policymakers' confidence on disinflation. ECB President Christine Lagarde emphasised ECB's independence from the Fed. 09/04/2024
Now playing Next Economy Eurozone inflation falls more than expected: Green light for ECB cuts? Eurostat data for March 2024 revealed a drop in annual consumer price inflation to 2.4%, below the expected 2.6% and hitting a four-month low. Market foresees four ECB rate cuts by end-2024, with the first expected in June. 03/04/2024
Now playing Next Economy Inflation cools in Germany as interest rates hamper growth Prices increased more slowly than expected in March according to official figures, fuelling hopes for an ECB rate cut. 02/04/2024
Now playing Next Markets Gold hits fresh high: Why are investors turning to the precious metal? A closer look at why the price of gold has hit a fresh record this week as other commodities also move higher, including oil prices. 02/04/2024
Now playing Next Economy S&P Global: These are the biggest risks ahead for the EU economy Uncertainty over sluggish productivity and high labour costs could draw back the economic output of the eurozone, global credit rating agency S&P said in its updated economic outlook. 26/03/2024
Now playing Next Business European Central Bank penalises Crédit Mutuel with €3.5 million fine The bank used a method which lead to it underestimating its exposure on loan portfolios. 22/03/2024
Now playing Next Economy Germany's commercial real estate plunge could be a threat for banks Germany's commercial real estate crisis could mean trouble for the country's banks due to their high exposure to the sector. 20/03/2024
Now playing Next Economy Europe wrap: three countries confirm their inflation rates' decrease Germany's annual inflation rate eased in February, hitting a two-year low to show a slowdown in the rise of consumer prices. Portugal's encouraging figures confirmed it was on a similar trajectory, as is the Netherlands. 12/03/2024
Now playing Next Economy As Europe's economy languishes, when will the ECB cut interest rates? While new figures confirm economic stagnation in the EU at the end of last year, eyes turn to predictions from Bank of America that the ECB will cut interest rates in June. 08/03/2024
Now playing Next Economy Market enthusiasm on rate cuts meets Lagarde's prudence ECB President Christine Lagarde emphasises caution on rate cuts after the central bank kept interest rates at record high on Thursday. 07/03/2024
Now playing Next Economy ECB keeps rates at a record: Inflation expected to hit 2% by 2025 The ECB kept its benchmark interest rates on hold in March, noting a further decline in inflation. Price pressures are now expected to reach the 2% target by 2025. 07/03/2024
Now playing Next Economy ECB likely to keep interest rates at record highs at March meeting The ECB has been vocal about the need for more conclusive evidence of declining inflation and cooling labour markets, before cutting rates. 07/03/2024
Now playing Next Markets ECB staff push back against 'authoritarian' climate views Aggrieved employees claim the organisation's green stance undermines principles of diversity and inclusion. 06/03/2024