EUR/NZD

Federal Reserve officials' waning concern about the job market, so intense at the start of the year that it supported calls by many of them for interest rate cuts, will be tested on Friday with new data that also frames the opening debate of Kevin Warsh's term as head of the U.S. central bank. Economists polled by Reuters expect U.S. employers created ...

Oversimplifying, I would frame the ECB response to this supply shock as follows. • the first hike is a signal: the central bank tells the private sector “I’ve got this”, which is meant to be both reassuring that inflation won’t get out of hand, and a warning to wage and price setters. The aim here is to prevent unanchoring of inflation expectations. In an ...

In April 2026, production increased again but slowed in the manufacturing sector (+0.4% after +1.3% in March 2026). It slowed even more sharply in industry as a whole (+0.1% after +1.4% in March 2026). In April 2026*, manufacturing output increased again, but at a slower pace (+0.4% after +1.3%). It accelerated in the manufacture of transport equipment ...

Kelsey Berro, fixed income portfolio manager at JPMorgan Asset Management, joins Katie Greifeld on "Bloomberg Real Yield." They discuss Friday's US jobs report and the path forward for new Fed Chair Kevin Warsh.

The compromise reached on 20 May between the Council of the European Union and the European Parliament on the texts ratifying the Turnberry Agreement marks a new stage in trade relations between Brussels and Washington. But behind the appearance of a transatlantic thaw, the agreement primarily reflects a risk management approach: the aim is to avoid a new ...

Russian President Vladimir Putin pushed back at prospects for European leaders to help negotiate an end to his war in Ukraine, dismissing them as mediators and pointedly insisting on a peace deal he said had been worked out with Donald Trump in Alaska. “How can the European Union or individual EU countries serve as mediators when they are directly assisting ...

In April 2026, compared with March 2026, the seasonally adjusted retail trade volume decreased by 0.4% in the euro area and by 0.5% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In March 2026, retail trade volume grew by 0.8% in the euro area and by 1.1% in the EU. In April 2026, compared with April ...

It is a pleasure to be here in Aix-en-Provence to mark the launch of Essenti'Elles Santé for Provence-Alpes-Côte d'Azur. Today is about the women who are shaping healthcare in this region. For most of history, societies have been readier to raise women up as symbols than to let them lead. We do not have to look far for an example. Aix’s most famous ...

As Kevin Warsh takes over as chair of the Federal Reserve, investors and financial media outlets are looking closely for any hints at how his appointment will impact monetary policy. One series of comments Warsh made while testifying to Congress back in April as a nominee has been getting more attention in recent weeks, following some high inflation ...

the German service sector in May, reflecting a backdrop of subdued demand and elevated cost pressures, the latest PMI® survey results showed. Positively, the rate of contraction eased and firms' expectations for activity over the next 12 months rebounded from April's low. The headline S&P Global Germany Services PMI® Business Activity Index is based on a ...