US Services Surge as Manufacturing Hits a 55-Month Low in December  Europe's latest PMI data presented a mixed scenario, with the manufacturing sector facing steeper contractions, while services showed resilience, helping to stabilize composite indices in key economies like France, Germany, and the UK. Despite this support from the services se...

Lagarde Provides Insight on Framework Review and Economic Trends: Stresses Data Dependence and Caution on Rate Cuts  Lagarde, the head of the ECB, mentioned that the ongoing review of the framework is progressing rapidly. She advised against being overly fixated on changes in the wording of statements and stressed the need to be further along ...