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
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European Central Bank
central bank of the European Union and the eurozone
Related events
- US inflation and growth are driving expectations of a Fed rate hike, while the dollar's strength pressures the euro.
- ECB monitors inflation data from Italy and Germany as energy price shocks stabilize amid easing tensions between Iran and the U.S.
- Monetary policy is influencing the economic outlook for European companies.
- Geopolitical tensions in the Middle East are driving inflation concerns for the ECB, with German and French GDP data influencing hawkish expectations.