Home > EU economy loses momentum amid Ukraine war, inflation, natural disasters and higher interest rates

EU economy loses momentum amid Ukraine war, inflation, natural disasters and higher interest rates


The European Commission has revised down its economic forecast, warning that stubbornly high prices for goods and services are "taking a heavier toll than expected."

Added on the 11/09/2023 11:01:53 - Copyright : Euronews EN

To customise your video :

Or Create an account

More videos on the subject

  • US Fed says Ukraine war to push inflation higher

    The fallout from the war in Ukraine is "will put additional upward pressure on near-term inflation here at home," Federal Reserve Chair Jerome Powell says in a press conference following a two-day Monetary Policy Committee meeting. SOUNDBITE

    16/03/2022 - AFPTV - First images
  • ECB holds key interest rates steady: Lagarde

    European Central Bank President Christine Lagarde says the institution will freeze borrowing costs again on Thursday but warns that inflation could pick up again in the near term, in an apparent pushback against market hopes of early rate cuts in 2024. It is the second time in a row the central bank has held rates, following a run of historic hikes to tame runaway price rises. SOUNDBITE

    14/12/2023 - AFPTV - First images
  • US rates could peak higher than previously anticipated: Powell

    US interest rates will likely peak at a higher level than was previously anticipated due to January data that came in stronger than recent trends expected, Federal Reserve Chair Jerome Powell tells a US Senate hearing, saying, "if the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes." SOUNDBITE

    07/03/2023 - AFPTV - First images
  • ECB President announces a fresh hike in interest rates to combat eurozone inflation

    The European Central Bank unleashes another jumbo interest rate hike on the eurozone in an effort to combat record-high inflation, which has soared towards 10 per cent, and bring rising prices under control. The decision has been made despite concerns mounting over a darkening economic outlook. "With this third major policy rate increase in a row" says Christine Lagarde, ECB President, "we have made substantial progress in withdrawing monetary policy accommodation." SOUNDBITE

    27/10/2022 - AFPTV - First images
  • US Fed raises key interest rate 0.75 point amid red-hot inflation

    The Federal Reserve has raised the key US interest rate again and says more hikes are coming as it battles soaring prices -- an aggressive stance that has raised fears of a recession. It is the third consecutive increase of 0.75 percentage point by the Fed's policy-setting Federal Open Market Committee (FOMC), continuing the forceful action to tamp down inflation that has surged to the highest in 40 years. SOUNDBITE

    21/09/2022 - AFPTV - First images
  • IMF warns of severe risks from inflation, Ukraine war

    A perfect storm of doom has been pummeling the global economy in recent months, undermining global growth expectations, but the IMF warns the worst-case scenario is plausible, which would cut growth to one of the lowest levels in the past five decades. SOUNDBITE

    26/07/2022 - AFPTV - First images

More videosNews

Watch video of  - DemainEntreprendre - épisode 12 - Label : Economie wallonne -

DemainEntreprendre - épisode 12

29/04/2021 12:55:32