Page 3 - Bert Colijn News Today

Jerome Powell has warned the Federal Reserve risks being forced to delay its first cut to interest rates because of stubborn inflation and strong economic growth, in a blow to mortgage borrowers around the world.

Bert Colijn is a Senior Eurozone Economist at ING. He joined the firm in July 2015 and covers the global economy with a specific focus on the Eurozone

London markets managed modest gains by the close on Wednesday, as investor sentiment remained cautious ahead of a crucial US inflation report later in the week.

By Joshua Kirby Unemployment ticked back down to a record low in the euro area in January, offering little new hope of a cooler labor market and lower...

Bitcoin has topped $60,000 for the first time in more than two years amid a flurry of excitement after the approval of wider trading methods in the US.

By Ed Frankl Wages in the eurozone cooled a little in the fourth quarter, likely an encouraging sign for European Central Bank policymakers in showing that some inflationary pressures are...

Negotiated euro zone wage growth slowed in the final quarter of last year, confirming market expectations that pay growth has peaked although it remains far above a level consistent with 2%...

The European Parliament’s recent decision to relax the budget rules for its member states could cause a new euro crisis, according to Nout Wellink, former president of De Nederlandsche Bank (DNB). The laxer rules increase the chance that large countries like Italy, Spain, and France won’t get their high government debts under control, causing tensions in the eurozone, Wellink told the Telegraaf.

Irish-based multinationals skewed European data to the upside in December, despite the country being in a technical recession.

Economists debate whether the real neutral rate seen as key to balancing economies has risen from pre-COVID lows, keeping rates up. Read on.