Dennis de Jong

Eurozone Inflation Slows In March

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Inflation in the eurozone slowed dramatically in March, according to official estimates. Eurostat said its initial estimate found inflation slowed to 1.5%, from 2.0% in February. The European Central Bank targets inflation of close to, but below, 2%. With inflation running close to that target, ECB chief Mario Draghi has been under pressure to wind-down … Read more

US Economic Growth Revised Even Higher

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The US economy grew even faster than thought in the July-to-September period, latest official figures indicate. The world’s largest economy grew at an annualised rate of 3.5% in the quarter, up from an earlier estimate of 3.2%, the Commerce Department said. It was the second time that the figure had been revised upwards, from an … Read more