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Euro zone manufacturing activity expanded at its fastest pace in nearly four years in March, according to a survey by S&P Global, with the Manufacturing Purchasing Managers’ Index rising to 51.6 from 50.8 in February. While the headline figure signaled growth, analysts noted that supply chain disruptions linked to the Middle East conflict temporarily inflated […]
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The European Central Bank (ECB) should be careful about taking preemptive policy action in response to rising uncertainty, Austrian central bank chief Martin Kocher said in an interview with German outlet Platow. Kocher noted that while geopolitical risks have intensified recently, central banks should avoid committing to policy moves before risks clearly materialise.