GFK consumer confidence<\/a> rose by more than expected to -38, up from -43.<\/p>\nBoE’s Catherine Mann also lifted the pound by saying that more rate hikes were needed.<\/p>\n
German consumer confidence also improved rising to -30.5, up from -33.5 as energy prices fell and inflation cooled.<\/p>\n
However, the German economy contracted by more than expected in Q4, shrinking -0.4% QoQ, more than the initial -0.2% forecast.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is rising, snapping a two-day losing run. The pound is pushing higher after GFK consumer confidence rose by more than expected to -38, up from -43. BoE’s Catherine Mann also lifted the pound by saying that more rate hikes were needed. German consumer confidence also improved rising to -30.5, […]<\/p>\n","protected":false},"author":163946598,"featured_media":5320,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":["post-113959","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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