Rates to stay higher for longer amid inflation, 2024 forecast revised down
The quarter-point boost is the European Central Bank's eighth straight increase in interest rates
Euro area, young workers see new lows for unemployment
The eurozone had a technical recession, with output dropping in Q4 2022 and Q1 2023
"There is no clear evidence that underlying inflation has peaked," ECB head says
Latest economists' survey points to friendlier conditions this year
The quarter-point increase comes a day after the Federal Reserve's identical move
A strong rebound in China boosts first quarter growth
EU member countries must thrash out the details of new rules, aimed at meeting ongoing monetary challenges
Turmoil at the bank has simmered down, but challenges for Credit Suisse and the takeover deal have not