Softer CPI data in the eurozone is reducing expectations for further rate hikes by the European Central Bank.
2 reports, 2 independent
Updated Nov 1
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What happened
Softer CPI data in the eurozone is reducing expectations for further rate hikes by the European Central Bank.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Kazimir maintains a hawkish stance regarding future interest rate hikes by the European Central Bank.Sub-event
Softer CPI data reduces rate hike bets for the ECB, easing risk premium on the Pound.1 source
Keep exploring
Part of
ECB officials discuss the ongoing tightening cycle and inflation trends affecting the eurozone economy.Also in this story
- Tech shares powered a broad-based rally as comments suggested the end of the tightening cycle.
- Investor sentiment is being influenced by the signals from the Fed regarding interest rate expectations, impacting market performance.
The entities involved
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eurozone
region of EU countries using the Euro
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European Central Bank
central bank of the European Union and the eurozone
Related events
- The European Central Bank decided to hold interest rates steady, impacting European markets.
- The European Central Bank warns that economic risks are tilting towards weaker readings.
- ECB rate rise odds increase due to inflation, while Bayer raises profit forecast and geopolitical tensions persist.
- ECB policy is being informed by Eurostat inflation data covering Bulgaria following its entry into the currency bloc.
- The Reserve Bank of Australia and the European Central Bank are facing global economic pressures. Data released on May 27 showed that CPI rose 0.4% in April.