ECB’s Schnabel Says Resilient Economy Speeds Up Cost Pass-Through to Consumers
European Central Bank Executive Board member Isabel Schnabel said businesses pass rising costs to consumers faster when the economy stays…
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Euro Rises as Cooler US Inflation Dims Fed October Rate-Hike Bets
The euro gained against the dollar on Wednesday after US inflation data came in softer than forecast, leading traders to…
German Inflation Accelerates to 3.3% in September on Energy Shock
German consumer prices rose 3.3% year-on-year in September, preliminary data showed, topping the 3.2% forecast and up from 2.9% in…
Dollar Retreats as Traders Cut October Fed Rate Hike Odds to 45%
The US dollar has pulled back from two-month highs after traders slashed the odds of an October Fed rate rise,…
Euro zone inflation surges on energy shock, pressuring ECB toward another rate hike
France's harmonized inflation rate jumped to 3.4% year-on-year in September, Italy's to 4.1% and Spain's to 5.0%, all pulled higher…
