Consumer spending, which comprises the largest share of economic activity, advanced at a 4.2% pace. This was led by a pickup in motor vehicle sales.

Officials reduced the deposit rate by a quarter-point to 2.75% — as predicted by all analysts in a Bloomberg poll.

EUROPE’S benchmark index closed at a record high on Thursday, led by real estate stocks, as investors priced in more monetary policy easing by the European Central Bank this year and assessed a mixed ...

US ECONOMIC growth likely slowed in the fourth quarter as imports surged and a strike at Boeing hurt spending on aircraft, ...

Eurozone GDP stagnated in Q4 2024 as Germany (-0.2%) and France (-0.1%) contracted, reinforcing expectations of more ECB rate ...