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Showing 1 - 10 of 145 results for "Euro Area"

ECB drops interest rates by 0.25%

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
... and derail its projections. "A further escalation in global trade tensions and associated uncertainties could lower euro area growth by dampening exports and dragging down investment and consumption. A deterioration in financial market sentiment could ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... anchored," Shah said. "However, the rationale for further rate cuts beyond June has become increasingly unclear recently. Euro area disinflation progress has started to stall with the latest inflation print surprising to the upside, while the ECB's ...

Why BlackRock is taking a risk-on view

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... in long-term yields. We think the BOJ will act cautiously and not sabotage the return of mild inflation. We also up Euro area inflation-linked bonds to neutral as market expectations for persistent inflation have eased," it said. "Bottom line: We see ...

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... deteriorating global trade conditions, the ECB has lowered their economic growth projections significantly. Now it expects the Euro area economy to expand by 0.7% in 2023, 1.0% in 2024, and 1.5% in 2025. "Based on its current assessment, the governing ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
... hope that "although downside risks associated with the pandemic remain in the near term" the "...risks surrounding the euro area growth outlook have become more balanced". The 'minutes' "re-emphasised the dichotomy between continued elevated ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... (EC) fresh forecasts take all these on board, including surrendering to the inevitability of another recession, the "euro area economies are expected to contract in the first quarter of 2021". But there's a light at the end of this dark tunnel, "Economic ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
... the Eurozone "economy to begin functioning under more normal circumstances" but warned that "the risks surrounding the euro area outlook remain tilted to the downside". The last paragraph of the ECB's December policy statement provide a synopsis ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... slump predicted in June. Growth projections for the year 2021 and 2022 were unchanged at 5% and 3.2%, respectively. Euro area economic growth dropped by 14.7% in the year to the June quarter, that followed a 3.2% decline in the March quarter and a 1% ...

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
... apples with apples -- the latest GDP update on the Eurozone shows that the single-currency region is far from immune. Euro area GDP fell by 3.8% in the March quarter. Annualised, this translates to a 14.4% drop in national (or euro-wide) output with ...

BlackRock turns optimistic on credit

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... equities Within equities, its highest conviction overweight is to US stocks while the highest-conviction underweight is to Euro area. "We are overweight US equities for their relative quality bias and the sizable policy response to the outbreak: large ...
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