Eurozone inflation January 2023 print ahead of ECB interest rate meeting

Eurozone inflation January 2023 print ahead of ECB interest rate meeting

Inflation in the Eurozone eased in the last two months of 2022, but the economic indicator is still well above the European Central Bank’s 2% mandate. Jeff Groenberg | Universal Image Group | Getty Images Inflation in the Eurozone fell for the third consecutive month in January on the back of a sharp drop in … Read more

Eurozone GDP Q4 2022

Eurozone GDP Q4 2022

The latest eurozone growth figures are out as the ECB considers what to do next. Nurphoto | Nurphoto | Getty Images The eurozone beat expectations on Tuesday by showing positive growth in the last quarter of 2022 and easing fears of a possible regional recession. Preliminary figures from Eurostat released on Tuesday showed that the … Read more

UBS earnings Q4 and FY 2022

UBS earnings Q4 and FY 2022

UBSFourth-quarter earnings beat market expectations, but the Swiss banking giant reported a decline in revenue due to weaker client activity and warned of an “uncertain” year ahead. The bank reported $1.7 billion in net profit for the fourth quarter of last year, bringing its full-year profit to $7.6 billion through 2022. Analysts had expected UBS … Read more

The IMF raises the global growth forecast as inflation cools

The IMF raises the global growth forecast as inflation cools

The IMF has revised its outlook for the global economy upwards. Norberto Duarte | Afp | Getty Images The International Monetary Fund on Monday revised its global growth forecasts upward for the year, but warned that higher interest rates and the Russian invasion of Ukraine are likely to still weigh on activity. In its latest … Read more