The European Central Bank (ECB) is expected to lower interest rates by 0.25 percentage points later today, responding to the latest eurozone inflation data that indicates a steady decline in price growth. March saw a 2.2% year-on-year increase in inflation, slightly down from February’s 2.3%, bringing it closer to the ECB’s 2% inflation target. This trend strengthens the case for …
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How financial market turmoil could impact you
The recent implementation of extensive tariffs by President Donald Trump has sent shockwaves through global financial markets, leading to significant declines and raising concerns about a potential recession. Understanding how these developments might impact your personal finances is crucial. Impact on Pensions If you have a pension plan, it’s likely that your contributions are invested in the stock market. The …
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