Portuguese Finance Minister Joaquim Miranda Sarmento discusses the economy, its ability to withstand the impact of the war in the Middle East, and interest from airlines for a stake in TAP. He speaks on Bloomberg Television.
Former Federal Reserve Vice Chair for Supervision Randal Quarles says that the uncertainty from war could hit the economy sooner than we think. He cautions that business investment is liable to fall because of a volatile and uncertain environment.
Bundesbank President & ECB Governing Council Member Joachim Nagel tell Bloomberg's Lizzy Burden that the duration of the Iran war will likely be the main driver of the inflation outlook, but that it is "much too early" come to a conclusion on what the impact will be across all sectors of the economy yet.
Private-sector activity in the euro area surpassed expectations as manufacturers recorded their best performance since 2022 thanks to surprise growth in Germany. Bloomberg's Alex Weber reports.
European Central Bank President Christine Lagarde is expected to step down from her role before her eight-year term ends in October 2027, according to a Financial Times report. Lagarde wants to leave before the French presidential election in April next year, which would allow French President Emmanuel Macron and German Chancellor Friedrich Merz to find her replacement together, the report said, citing an unidentified person familiar with her thoughts on the matter. It isn't clear yet when she may exit, the report said. Bloomberg's Jana Randow explains.
_1371438_640x360_2494297155748-640x360.webp&w=3840&q=75)
_1354341_640x360_2490708547845-640x360.jpg&w=3840&q=75)
