European business leaders have broadly sought to downplay concerns about the prospect of a transatlantic trade war.

The European Central Bank (ECB) is sticking to its guns on reducing inflation to 2% this year, even as Donald Trump’s return to the White House raises new uncertainty over global trade and economic stability.

The euro area annual consumer inflation rate for December was confirmed at 2.4%, its highest level since July, according to a second reading released Friday. Headline inflation accelerated from 2.2% in November, Eurostat data showed.

Eurozone inflation fell to 2.4% in December 2024, but ECB chief economist Philip Lane cautions that services inflation and uneven growth persist. A "middle path" on interest rates and structural reforms is crucial for stability.

This transformation of the energy system will impact the economy, affecting capital and material needs, energy costs, and required labor skills, and it could lead to stranded assets. It will affect price levels and inflation ... (full story)

Trump’s latest threat of 10% taxes on Chinese exports is far lower than the 60% he mulled at one point last year. As a result, measures of expected inflation including breakeven rates and swaps have fallen, while a gauge of future volatility in rates markets dropped from a seven-week high.

European shares traded higher on Thursday as benign U.S. inflation readings kept the door open for potential rate cuts by the Federal

EU growth - below US, China - “will impact Portuguese companies”; Economist gives ‘flip side’ of view promoted at Davos

The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This compares with a recent peak of 11.8% observed in January and February 2023. On a monthly basis, prices rose by 0.4% in December 2024, compared with a rise of 0.3% a year ago.

Core inflation does not take energy and food prices ... These include a tariff war between the US and EU, or EU and China, as well as an escalation of Middle Eastern conflicts, which may push ...

Despite fears that the tariffs could spark a global trade war and reignite inflation domestically, Jamie Dimon, CEO of JPMorgan Chase, said they could protect American interests and bring trading partners back to the table for better deals for the country,

Where Economists Think the Trump Economy Is Headed By Vicky Ge Huang WSJ's latest survey shows that forecasters expect higher inflation than they did in October-but also higher GDP growth. Also, a sluggish economy and President Trump's tariff threats prompt Beijing to tell big investor to buy more stocks.