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French writer and Nobel prize winner Annie Ernaux, US academic and writer Judith Butler, and deputy director of the French National Museum of Modern Art Catherine David are the most prominent of the 1,500 signatories to have put their names to the “Strike Germany” statement to date.
ECB Vice President Luis de Guindos, in an interview with Die Zeit, offered indicated that the growth forecast for the region, previously set at 0.8% for this year, might fall short of expectations.
French writer and Nobel prize winner Annie Ernaux, US academic and writer Judith Butler, and deputy director of the French National Museum of Modern Art Catherine David are the most prominent of the 1,500 signatories to have put their names to the “Strike Germany” statement to date.
Dollar weakens slightly in early US session, as dragged down by disappointing ADP private sector job data. Despite this, the downturn is contained, as market participants remain cautious ahead of FOMC rate decision later in the day. While no changes in interest rates are anticipated, considerable attention is centered on Fed Chair Jerome Powell's commentary. A prevalent risk is that if Powell's tone is not sufficiently assertive on inflation, it might be construed as a dovish inclination, and with markets responding correspondingly.
German inflation decreased significantly in January, with consumer prices showing an annual 2.9% increase after 3.7% in December, the government's statistical office said on Wednesday. This is the lowest figure since June 2021, when the consumer price index (CPI) rose by 2.4%, the data office said. According to preliminary data, energy cost 2.8% less in January than a year earlier, despite the increase in the carbon dioxide price to €45 ($48.8) per ton. The price of food rose by 3.8%. The rise i