Euro zone inflation rebounds in December, fueling rate-cut debates

Shoppers at delicatessen market stall in Milan, Italy, on Thursday, Dec. 28, 2023. Bloomberg | Bloomberg | Getty Images Headline inflation in the euro zone jumped to 2.9% in December, up from 2.4% the previous month, though core inflation continued to ease, according to data released Friday by Eurostat. The annual print was a little … Read more

A Swiss populist party rebounds and the Greens sink in the election. That’s a big change from 2019

GENEVA — Switzerland’s anti-immigration Swiss People’s Party rebounded from searing losses four years ago to become the largest parliamentary faction after the election, official results showed, as two environmentally-minded parties lost ground despite record glacier melt in the Alpine country. Pre-election polls suggested that Swiss voters had three main concerns: Rising fees for the obligatory, … Read more