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Euro zone economy stagnated last quarter, foreshadowing weak 2025
Q4 GDP growth unchanged vs previous quarter, below expectationsUnemployment rises to 6.3% in DecemberGermany economy has been shrinking for two yearsBy Balazs Koranyi FRANKFURT, Jan 30 (Reuters) - The euro zone economy stagnated last quarter as worried consumers zipped up their purses, adding to ...Reuters
Jan 30, 2025
EU members of NATO ready to raise defence spending beyond 2% of GDP, Costa says
By Sergio Goncalves LISBON, Jan 30 (Reuters) - The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above the current 2% of national output at a June summit of the alliance that will set a new level, European Council President Antonio Costa said.U.S. ...Reuters
Jan 30, 2025
USD: Fed does not move the needle – ING
The US Dollar (USD) failed to hold very modest gains from the initially hawkish-sounding FOMC statement. Subsequent clarification comments from Chair Jay Powell through the press conference saw both USD rates and the dollar hand back those gains, ING's FX analyst Chris Turner notes.Fxstreet
Jan 30, 2025
German economy fell by 0.2% in fourth quarter
BERLIN, Jan 30 (Reuters) - Germany's gross domestic product fell more than expected, by 0.2%, in the fourth quarter compared with the previous three-month period, preliminary data from the statistics office showed on Thursday.Analysts polled by Reuters had forecast a 0.1% quarter-on-quarter decr...Reuters
Jan 30, 2025
