BBCNEWS Business Briefing July 14, 2024
We start in frankfurt, where all eyes are on the European Central bank, as it wraps up one of its most important meetings in years. Later today its expected to take action to try and boost the regions flagging economy. The rate of Economic Growth across the countries that share the euro has slumped to just 0. 2 in the three months tojune. The regions biggest economy germany may well already be in recession. Annual inflation, the rate prices are rising, has also slowed sharply, tojust1 injuly. Thats just half the ecbs target rate and the lowest since 2016. That has raised fears of a return to d...