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Macroeconomics

Bank of France suggests rate cut on key savings account for first time in five years to boost earnings

-- The Bank of France has proposed a reduction in a crucial regulated savings rate for the first time in half a decade. This move could potentially elevate profits...

France aims for $54.6 billion savings to narrow deficit

-- The French government is targeting savings of €53 billion ($54.6 billion) to reduce the country's deficit, as stated by Budget Minister Amelie de Montchalin. The...

German snap election results may lead to pro-growth coalition: analyst

Barclays (LON:BARC) analysts projected that the snap elections held in Germany on February 23 will likely lead to the formation of a coalition government. The current political...

UK inflation drop leads to expectation of more Bank of England rate cuts

-- Following the release of recent data that showed a decrease in UK inflation in December, traders are predicting more interest-rate cuts from the Bank of England...

South Korean impeached president Yoon Suk Yeol arrested amid martial law investigation

-- South Korean President Yoon Suk Yeol, who was impeached, was arrested on Wednesday, as reported by an anti-corruption agency investigating his attempt to impose...

Factbox-German parties' energy policies in February national election

(Reuters) - Voters in Germany, Europe's biggest economy, go to the polls on Feb. 23 in what marks the first elections since Berlin severed its ties with Russia, its decades-long...

Yellen defends COVID spending, says it saved millions from losing jobs

By Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday will defend the Biden administration's response to the COVID pandemic, arguing that its...

German ministry warns 2025 uncertainty to weigh on economic recovery

BERLIN (Reuters) - Germany can only hope for a tangible economic recovery once there is clarity on the economic, financial and geopolitical outlook, the economy ministry said in...

Bank Indonesia delivers surprise rate cut to support growth

By Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) -Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in...

UK banks resist mortgage rate hikes amid money market turmoil

By Sinead Cruise and Lawrence White LONDON (Reuters) - Britain's banks are accepting smaller profit margins and bigger risks on UK mortgage lending as stress in sterling money...

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