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Central banks debate: can ‘high for longer’ substitute for rate rises?
A smoother rate path is preferable to a sharp up and down, allowing more time to assess data
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ECB raises rates to all-time high
Quarter-point increase comes despite faltering growth in the eurozone
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Reducing inflation in the UK won’t ease the Conservatives’ plight
Rishi Sunak and Jeremy Hunt will soon learn a painful lesson that haunts Joe Biden in the US
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UK estate agents gloomiest in 14 years as house prices and sales fall
Rics survey points to ‘sluggish housing market’ as high mortgage rates hit demand
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Euro inches higher against dollar ahead of ECB interest rate decision
Investors divided on whether central bank will lift borrowing costs for 10th straight meeting
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French car battery start-up Verkor secures €2bn for first plant
Funding includes €650mn in state subsidies as well as investments from Macquarie Asset Management and Renault
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China attacks EU’s ‘naked protectionist act’ on electric cars
Beijing warns anti-subsidies investigation will have negative impact on relations
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