
ECB Faces Greater Risk Inflation Will Undershoot 2%, Simkus Says
The balance of risks for consumer prices is to the downside due to trade friction with the US and a stronger euro, the Lithuanian official said Monday. Borrowing costs are currently at the upper end of the range for the neutral rate, which neither stimulates nor curbs economic activity, he said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
17 minutes ago
- Yahoo
Marcus Rashford in Barcelona to complete loan move from Manchester United
MADRID (AP) — Barcelona's already impressive front line is about to be boosted by the signing of Marcus Rashford. Rashford is in Barcelona to complete a move from Manchester United, a person with knowledge of the transfer told The Associated Press on Monday. The person did not want to be named because they were not authorized to speak about it publicly. The loan deal would give the 27-year-old England forward, once considered among Europe's top talents, a chance to revive a career that stalled in recent years after falling out of favor at United and ending last season on loan at Aston Villa. Spanish media said the one-year loan agreement with United would give Barcelona an option to buy Rashford for about 30 million euros ($35 million). Barcelona had the best attack in Spanish soccer and one of the most prolific across Europe last season, but had been trying to add another piece to the frontline to go along with young star Lamine Yamal, Raphinha and veteran Robert Lewandowski. Rashford has spent his entire career at United, scoring 138 goals in 429 appearances and winning five major trophies, including two FA Cups and the Europa League. But he struggled to consistently live up to the hype that surrounded him when he burst onto the scene as a teenager in 2016 - only managing 20 goals or more in three seasons. In his last two seasons at United he scored a combined 15 goals and added another four in 17 games on loan at Villa. Barcelona won the Spanish league title with 102 goals, 24 more than runner-up Real Madrid. The Catalan club also led the Champions League in goals with 43, five more than champion Paris Saint-Germain, before being eliminated by Inter Milan in the semifinals. ___ AP soccer:


Bloomberg
19 minutes ago
- Bloomberg
Gaming Out How the World Might React to Trump's Tariffs
The world is watching and waiting to see just how President Donald Trump chooses to deliver on his threats to increase tariffs Aug. 1. That implies a certain helplessness outside the US. And yet how the rest of the world reacts to what is already the biggest turn in American protectionism since 1930 may end up defining the consequences for the global economy as much as Trump's salvos. That's why the debates now happening in Europe over how to respond to Trump's impending escalation matter so much.


Bloomberg
19 minutes ago
- Bloomberg
X Says it Will Resist ‘Politically Motivated' French Probe
Elon Musk's X said it won't accede to French authorities' demands in a probe into alleged bias and manipulation of the social media platform's algorithm. 'X remains in the dark as to the specific allegations made against the platform,' the company said in a post on its Global Government Affairs handle on Monday. 'X believes that this investigation is distorting French law in order to serve a political agenda and, ultimately, restrict free speech.'