Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts
Publishing timestamp: 2025-05-02 09:04:28
Summary
Euro zone inflation remained unchanged at 2.2% in April, missing expectations for a decrease. Core and services inflation accelerated, leading to a higher euro against the dollar and pound. Analysts are divided on the impact of tariff uncertainty on inflation and the possibility of further ECB rate cuts. Euro zone economy showed signs of picking up steam in the first quarter of 2025, but growth is expected to slow due to global tariff fallout.
Sentiment: MIXED
Tickers: DE10Y-DE,
Keywords: markets, breaking news: europe, economy, inflation, business news,
Source: https://www.cnbc.com/2025/05/02/euro-zone-inflation-april-2025.html