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Business News
ECB survey sees inflation stabilising at 2%
Euro zone inflation could be a touch higher this year than earlier thought but will then stabilise at the European Central Bank’s 2% target, the bank’s Survey of Professional Forecasters showed today. The ECB cut interest rates for the seventh time in a year last Thursday, arguing that disinflation was well on track and risks […]
Learn MoreIMF says tariffs will hit economic growth, and increase risk of banking crisis
The International Monetary Fund has sharply cut its growth forecasts for this year because of the disruption caused by the tariffs on imports introduced by the US. It says the tariff regime introduced on 2 April by the Trump administration will cut global economic growth by half of one per cent – reducing it to […]
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