The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis
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Germany’s inflation steady at 2.8% in January ahead of February election
The reading was also in line with a forecast from economists polled by Reuters.
GDP grew at a 2.3% pace in the fourth quarter, less than expected
GDP was expected to grow at a seasonally adjusted 2.5% annualized pace in the fourth quarter of 2025.
German economy shrinks by 0.2% in fourth quarter, more than expected
The German economy shrank by 0.2% quarter-on-quarter in fourth quarter of 2024, according to preliminary data released by Germany's statistics...
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
"The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of...
Germany slashes economic growth expectations to 0.3% ahead of February election
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.
A record number of consumers are making minimum credit cards payments as delinquencies also rise
The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal...