Today news
About the same in other media
European Central Bank rate cut 'now imminent' despite Eurozone inflation rise
Reading now: 735
This marks a 0.2 percentage point rise from April's rate of 2.4%, with the services sector most responsible for this rise. Despite this increase, analysts have echoed reassurance that the European Central Bank will still be able to cut rates. «Today's data does not disturb the narrative that, broadly, disinflation remains on track,» said Natasha May, global markets analyst at J.P. Morgan Asset Management. Record low unemployment rate spells quiet optimism across the Eurozone «The ECB has its scissors at the ready after today's inflation release,» she added, with a rate cut from th...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
HDFC Bank vs Axis Bank: Which bank stock should you buy for long-term? Here's a 5-point analysis livemint.com /5 months ago
European Stocks Stall Near Record as Investors Study Rates Path livemint.com /5 months ago
European Stocks Drop Further From Record as Rates Path in Focus livemint.com /5 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
