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Eurozone inflation hits 2.6 percent in March as energy costs surge

Energy prices drove the March inflation spike

Consumer prices in the Eurozone jumped 2.6 percent in March compared to the previous year, according to final data from Eurostat. This figure exceeds the European Central Bank’s (ECB) medium-term target of 2.0 percent and marks the highest inflation level in the region since July 2024. The surge follows a February rate of 1.9 percent, … Weiterlesen …

Bitcoin dips and oil prices climb as US-Iran tensions escalate

Oil prices rose as Middle East supply fears returned

Bitcoin fell 0.1% to $74,091 on Wednesday as optimism regarding potential peace talks between the US and Iran diminished. The decline follows a Tuesday peak of $76,073, a 10-week high, as investors now demand concrete evidence of diplomatic progress after weekend negotiations ended without an agreement. Oil prices rose as Middle East supply fears returned … Weiterlesen …