The opening of a new front in the European Central Bank’s fight with runaway inflation will bring with it bargaining over the path for interest rates — resulting in a…

European households are paying more than ever for their electricity and natural gas, even as governments spend billions to shield consumers from the energy crisis. The average retail gas price…

European stocks followed Asian peers lower Monday as concern over inflation, higher rates and recession intensified before earnings season kicks off. The Stoxx Europe 600 slipped 0.4% at 8:05 a.m.…

When pandemic inflation took off last year, it was seen as more likely to stick around in the US -- where stimulus was much bigger and consumer demand stronger --…

Sterling slid as much as 4.7 per cent against the dollar to $1.035, hitting a record low in Asian trading on Monday after UK chancellor Kwasi Kwarteng vowed to pursue…

Around the world, soaring borrowing costs are squeezing homebuyers and property owners alike. From Sydney to Stockholm to Seattle, buyers are pulling back as central banks raise interest rates at…

European stocks dropped for the sixth time in seven days, and the euro sank to a 20-year low, after Russia escalated the continent’s energy crisis by shutting off key gas…

Welcome back to Free Lunch — and I hope readers who took a summer break have returned well-rested and braced for what is going to be an economically challenging (northern)…