Softer CPI data in the eurozone is reducing expectations for further rate hikes by the European Central Bank.
1 report, 1 independent
Updated Jul 2
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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
Nothing else this week.
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European Central Bank
central bank of the European Union and the eurozone
Related events
- Unexpected GDP growth and ECB actions are pressuring the Bank of England to raise interest rates in the U.K.
- ECB rate hikes are affecting European markets, including exchanges in Italy and France.
- Diverging interest rate policies between the Bank of England and the European Central Bank are strengthening the pound.
- Reports detail how UK manufacturing and housing trends, combined with ECB rate hike expectations, are influencing the Euro outlook.
- Global bond selloffs are exposing UK fiscal weaknesses, while AI investment drives US job growth and inflationary pressures force the ECB to consider rate hikes.