ECB's Inflation Target Practice Leaves Euro Markets Scratching Their Heads
Key Points
- Eurozone inflation rises to 2.7% in April, surpassing expect...
Ah, inflation - that pesky little number that keeps central bankers up at night and gives economists more gray hairs than a retirement home bingo tournament. The Eurozone's latest inflation figures are in, and they're spicier than a German currywurst, with core HICP hitting 2.7% in April, surpassing both March's 2.4% and the expected 2.5%.
The Great Rate Cut Conundrum
Despite inflation doing its best impression of a rocket ship, the ECB is acting like that friend who can't decide what to order at a restaurant. They're eyeing a potential 25 basis points rate cut in June, not because inflati...
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