_euro-zone-inflation-surges-to-2-6-in-may-prompting-rate-cut-expectations.jpg "Euro Zone Inflation Surges to 2.6% in May, Prompting Rate Cut Expectations from april 25 1948 Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:43
👁 View: 65K times
✓ Published: 01-Jun-2024
👁 View: 65K times
✓ Published: 01-Jun-2024
Description:
Eurozone inflation increased to 2.6% in May 2024 from 2.4% in April, as both headline and core inflation came in higher than economists expected. Services inflation, an important metric for the ECB, rose to 4.1%. Markets continued to fully price in an interest rate cut by the ECB at its June meeting, following signals from policymakers that a cut is likely. Inflation has cooled significantly from a peak of 10.6% in October 2022 but has remained below 3% for the past eight months. The euro was slightly higher against the dollar and pound after the inflation release.
Eurozone inflation increased to 2.6% in May 2024 from 2.4% in April, as both headline and core inflation came in higher than economists expected. Services inflation, an important metric for the ECB, rose to 4.1%. Markets continued to fully price in an interest rate cut by the ECB at its June meeting, following signals from policymakers that a cut is likely. Inflation has cooled significantly from a peak of 10.6% in October 2022 but has remained below 3% for the past eight months. The euro was slightly higher against the dollar and pound after the inflation release.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_ezekiel-38-39-gog-magog-prophecy.webp "Michael Muldoon")
_the-fred-allen-show-04-25-48-scalping-baseball-tickets-hq-old-time-radio-show-comedy.webp "AntiqueRadios")
⏲ 30 minutes 31 seconds 👁 6.4K
_superstar-singer-3-25th-may-2024.webp "Superstar Singer 3 25th May 2024")
_history-of-israel-palestine-conflict.webp "History on Maps")
_blackrock39s-ibit-surpasses-grayscale39s-gbtc-as-largest-spot-bitcoin-etf-in-the-us.webp "BlackRock's spot Bitcoin ETF has surpassed Grayscale's to become the largest spot Bitcoin ETF in the US. IBIT now holds nearly $20 billion worth of Bitcoin, compared to GBTC, which holds more than $19 billion. Since launching in January, over $16 billion has flowed into IBIT, while $17 billion has been withdrawn from GBTC. IBIT saw increased inflows recently amid bullish crypto sentiment following ETH ETF approvals and renewed political support. BlackRock's addition of IBIT to its funds marked a turnaround after it saw low inflows and its first outflows in April.")
_jack-benny-radio-show-11-18-51-saturday39s-hero.webp "FrankNelsonNet")
_75th-anniversary-of-israel-14th-may-1948-25th-april-2023-why-is-this-important.webp "The Bible Channel - Discover the Bible!")
⏲ 48 minutes 46 seconds 👁 446
_regional-home-values-hit-record-highs-in-april.webp "Regional home values have reached a new record high in April, following a modest recovery in March. This marks a significant trend in the housing market across regional areas, reflecting increasing demand and possibly limited supply. Antonia O'Flaherty provides more insights into this development, analysing the factors contributing to the rise in property values and what it means for the market and potential homebuyers.")
Related Video Searches
Back to Search
Search Videos
Recent Searches
×
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
_ezekiel-38-39-gog-magog-prophecy.jpg)
_the-fred-allen-show-04-25-48-scalping-baseball-tickets-hq-old-time-radio-show-comedy.jpg)
_superstar-singer-3-25th-may-2024.jpg)
_history-of-israel-palestine-conflict.jpg)
_blackrock39s-ibit-surpasses-grayscale39s-gbtc-as-largest-spot-bitcoin-etf-in-the-us.jpg)
_jack-benny-radio-show-11-18-51-saturday39s-hero.jpg)
_75th-anniversary-of-israel-14th-may-1948-25th-april-2023-why-is-this-important.jpg)
_regional-home-values-hit-record-highs-in-april.jpg)
❮❯
1 / 10
2 / 10
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
3 / 10
4 / 10
5 / 10
6 / 10
7 / 10
8 / 10
9 / 10
10 / 10
![[+]](/images/menu.gif){kind=small}