Now playing Next Economy How much money did the UK government borrow in November? The Office for National Statistics (ONS) said public sector net borrowing stood at £14.3 billion in November, reflecting the fourth-highest November total since monthly records began in 1993. 21/12/2023
Now playing Next Economy Hungary’s central bank ends the year with another rate cut Due to the sharp drop in inflation, Hungary's central bank is expected to go ahead in 2024 with further easing of its monetary policy. 19/12/2023
Now playing Next Economy Eurozone inflation compared as energy prices offer some relief Euro area inflation fell in line with market estimates in November as energy prices fell. Euronews Business breaks down the latest economic data impacting the eurozone economy. 19/12/2023
Now playing Next Economy ECB's Christine Lagarde stands firm: No rate cuts on the horizon Those anticipating a dovish pivot from ECB President Christine Lagarde in the wake of comments by Fed Chair Jerome Powell a day earlier would have found her latest press conference a stark contrast. 14/12/2023
Now playing Next Economy ECB holds interest rates steady: What lies ahead for Europe's economy? The European Central Bank (ECB) has held interest rates and said it expects inflation to decline over the course of 2024. 14/12/2023
Now playing Next Economy Pound gains after Bank of England keeps interest rates at 15-year high In a widely expected move, the Bank of England (BoE), has decided to keep interest rates steady as part of its continued quest to bring down inflation. 14/12/2023
Now playing Next Economy Swiss central bank leaves interest rate unchanged as inflation eases The move comes on a busy day of central bank action in Europe, with the Bank of England, European Central Bank and Norges Bank announcing whether they will amend their own rates. 14/12/2023
Now playing Next Markets Gold price climbs as investors buy the bullion after Fed rate decision Euronews Business looks at how the markets are performing on Thursday after the US Federal Reserve's latest interest rate decision. 14/12/2023
Now playing Next Economy US Federal Reserve holds rates steady and paves way for cuts in 2024 The US Federal Reserve bank held interest rates steady on Wednesday night and paved the way for potential cuts in 2024. 14/12/2023
Now playing Next Economy First-time buyers look for long-term loans to get on property ladder One-fifth of first-time buyers in the UK wanting to get onto the property ladder are taking out mortgages of more than 35 years, according to UK Finance. 14/12/2023
Now playing Next Economy EU banks amass high reserves despite booming payouts Emergency funds at EU banks remain high whilst shareholders continue to profit from high interest rates. 13/12/2023
Now playing Next Economy Why the UK economy took a surprise tumble in October Euronews Business takes a look at why the UK economy took a surprise tumble in October as the latest Office for National Statistics (ONS) figures are released. 13/12/2023
Now playing Next Markets US prices rise as inflation data dampens rate cut expectations The US's anticipated inflation figures strongly influence trends, especially one day before the Federal Reserve announces its latest monetary policy decision. 12/12/2023
Now playing Next Economy UK wage growth slows and job vacancies fall ahead of BoE rate decision Ahead of the Bank of England’s interest rate decision on Thursday, new data shows the economy is cooling. 12/12/2023
Now playing Next Markets DAX reaches historic highs: What's behind the surge in German stocks? The DAX index, comprising Germany's top 40 companies by market capitalisation, has reached unprecedented heights this week, surging past the 16,500-point mark, a level last witnessed in early August 2023. 12/12/2023
Now playing Next Economy German inflation fall boosts hope of European Central Bank rate cut Inflation in Germany eased more than expected in November, according to official data released on Friday. 08/12/2023
Now playing Next Markets Euro area sovereign bond yields decline on ECB rate cut expectations In recent weeks, sovereign bond yields across the eurozone have experienced a significant downward trend, propelled by mounting market anticipation of forthcoming rate cuts by the European Central Bank (ECB) in 2024. 07/12/2023
Now playing Next Economy Euroviews. Will the ECB cut interest rates next year, and why does it matter? The current mood indicates that the ECB will become the first central bank to cut rates. However, others are saying it is too early to pop open the champagne bottle as the fight against inflation is not over, Osama Rizvi writes. 06/12/2023
Now playing Next Economy Turkey: inflation reaches 62% despite interest rate rise Inflation in Turkey showed a 62% year-on-year rise in November, according to official data published on Monday. 04/12/2023
Now playing Next Economy Euroviews. In a recession, out of one, on the brink? Here’s where Europe stands While the timing of the recession is difficult to predict, one thing that is for sure is that the downside potential to future economic growth of Europe is real, Osama Rizvi writes. 01/12/2023