ECB President Lagarde emphasizes determination to fight high inflation on 25th anniversary

ECB President Lagarde emphasizes determination to fight high inflation on 25th anniversary

Frankfurt/Main (dpa) – On the occasion of the 25th anniversary of the central bank, ECB President Christine Lagarde emphasized the determination of the euro currency guardians in the fight against the currently high inflation. “After years of low inflation, it is now too high and is likely to remain too high for too long,” Lagarde … Read more

Why the Crisis in American Banks is Good News for Homebuyers in Germany

Why the Crisis in American Banks is Good News for Homebuyers in Germany

new buildings People who want to realize their dream of owning their own home can currently find comparatively cheap loans. (Photo: IMAGO/Rupert Oberhäuser) München “It sounds macabre, but anyone who currently wants to finance a property should hope that the crisis in the American regional banks will continue,” says Max Herbst from FMH Finanzberatung in … Read more

“Why the US Banking Crisis Could Spell Cheaper Loans for German Homebuyers”

“Why the US Banking Crisis Could Spell Cheaper Loans for German Homebuyers”

new buildings People who want to realize their dream of owning their own home can currently find comparatively cheap loans. Bild: IMAGO/Rupert Oberhäuser München “It sounds macabre, but anyone who currently wants to finance a property should hope that the crisis in the American regional banks will continue,” says Max Herbst from FMH Finanzberatung in Frankfurt. … Read more

Although inflation has decreased, food inflation has risen once more.

Although inflation has decreased, food inflation has risen once more.

Eurozone grocery prices rise 17.7% in FebruaryIn the US, food prices rise twice as much as energyCompanies focus on increasing their profits… Criticism of the ECB’s “opportunistic behavior” japchae Amid slowing inflation in major countries, food inflation is raising its head again, especially in Europe. Food prices are stable, but analysts say that companies are … Read more

“Rising Inflation Amid Record Profits: The Widening Wealth Gap”

“Rising Inflation Amid Record Profits: The Widening Wealth Gap”

Inflation The price increase for food was 21.8 percent in 2022. (Photo: dpa) Frankfurt Despite sharply rising energy prices, disrupted supply chains and capacity bottlenecks, the past few years have not been years of crisis for many companies. Not only large energy companies recently reported record profits, but also companies such as BMW, Bosch, Hapag … Read more

Why the Banking Crises Persist: The Consequences of Gambling with Credit

Why the Banking Crises Persist: The Consequences of Gambling with Credit

The banking system in free fall Regulators and politicians around the world are trying to allay fears of a new banking crisis. But the bankruptcy of Silicon Valley Bank and the emergency merger of UBS and Credit Suisse were not the end. Even after the experiences of 2008, it was not possible to regulate the … Read more

“Spotting ECB’s Interest Rate Hikes through Your Mortgage and Savings” | The Economy

“Spotting ECB’s Interest Rate Hikes through Your Mortgage and Savings” | The Economy

18 mrt 2023 om 05:01 One of the most important interest rates was raised again on Thursday by the European Central Bank (ECB). The higher interest rate is intended to curb inflation, but it affects the economy and your wallet in many more ways. How will higher interest rates affect your home, savings, investments and … Read more

“Equities in New York Ignore ECB Rate Hike and Experience Upswing: ROUNDUP”

“Equities in New York Ignore ECB Rate Hike and Experience Upswing: ROUNDUP”

NEW YORK The leading index Dow Jones Industrial shook off initial losses and recently rose by 0.21 percent to 31,940.38 points. The other indices presented themselves even stronger: The market-wide S&P 500 rose by 0.70 percent to 3919.10 points and the technology-heavy Nasdaq 100 by 1.31 percent to 12,411.57 points. Shortly before the start of … Read more

Interest rates and good guidance drive US stocks

Interest rates and good guidance drive US stocks

NEW YORK Higher surcharges had prevented in the course of the week, above all, the increased interest rates on the capital markets. They threaten to erode corporate profits while making stocks less attractive relative to bonds. On Friday, however, the yield on ten-year US Treasury bonds fell below the four percent mark again, which it … Read more