The eurozone had a technical recession, with output dropping in Q4 2022 and Q1 2023
Global preeminence of the U.S. dollar facing multiple challengers
Stronger core inflation expected to drive higher rates in euro area
December rate of 9.2% down from 10.6% in October but energy prices up 25.7%
The ECB raised interest rates again on Thursday, with more expected to come
Christine Lagarde said the bank's baseline scenario was subdued economic growth
Energy prices rose 38.3% in August in euro zone
ING warns of ‘no imminent signs of relief’ as energy prices rise nearly 40% in eurozone
Another European rate hike expected in September; Bank of Japan short-term policy rate stays at minus 0.1%
The ECB will end asset purchases on Friday that worked to boost the economy