Overview Eurozone According to a flash estimate by Statistics Netherlands (CBS), annual inflation is expected to be 2.5% in June 2024, down from 2.6% in May. Eurostat, the statistical office of the European Union. Looking at the main components of inflation in the euro area, the services sector is expected to have the highest annual … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. All 31 largest U.S. banks have passed the Federal Reserve’s annual so-called stress tests, leaving regulators confident they can withstand a theoretical scenario in which unemployment rises to 10 percent during a severe recession. The … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Digital bank Monzo has reported its first annual profit since launching almost a decade ago, as the London-based fintech benefited from higher interest rates and growth in transaction fees and subscriptions. The neobank, founded in … Read more
Overview Euro area Annual inflation is expected to reach 2.6% in May 2024, up from 2.4% in April according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, the services sector is expected to have the highest annual rate in May (4.1%, … Read more
Thursday May 23, 2024 2:33 PM Part Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E-mail Share via email Royal Mail owner IDS failed to publish its results on time Royal Mail’s parent company International Distribution Services (IDS) has failed to publish its full year trading update … Read more