The Bank of England is expected to raise interest rates to 4 per cent on Thursday as the Iran war drives up energy costs, but it may signal that markets are wrong to bet on several more increases next...

👋The kiss of death for any economy…stagflation 🚩#stagflation #economy #economynews #economyupdate #didyouknowthis

👋The kiss of death for any economy…stagflation 🚩#stagflation #economy #economynews #economyupdate #didyouknowthis

From surging currencies to startup breakthroughs, here’s what shaped Europe’s economic and tech landscape this week. 1. Euro's Unexpected Surge Adds to Tariff Woes The euro has surged by around 10% since early March 2025, driven by U.S. tariffs and increased fiscal spending in Germany. This appreciation is exacerbating hardships for European companies already impacted by new trade levies. Export-reliant firms in the STOXX 600 index, deriving 60% of their revenues from abroad, are seeing earnings pressures, with analysts predicting a 2-3% earnings reduction from the currency surge alone.

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Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off.

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