No changes to the initial estimate as the euro area economy is seen expanding slightly in Q2. The economic challenge has become tougher in Q3 though, with fears surrounding a contraction or at least stagnation continuing to build.
No changes to the initial estimate as the euro area economy is seen expanding slightly in Q2. The economic challenge has become tougher in Q3 though, with fears surrounding a contraction or at least stagnation continuing to build.
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August CPI hits 2.9%, matching forecasts. Tariffs may fuel inflation, keeping Fed on hold despite labor market strain.
ECB holds rates at 2% amid tariff uncertainty; Eurozone growth at 0.1%. Inflation forecast 2.1%. Fed expected to cut.
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Markets bet 100% on Fed cut as jobs data weakens; PPI dips 0.1%. Powell faces mixed signals, S&P 500 up 0.13%.
August inflation ticks up to 2.9%, but traders still bet 100% on Fed rate cuts. S&P 500, Nasdaq hit records.
August CPI hits 2.9% as jobless claims surge, complicating Fed rate cuts. Inflation's rise dims jobs outlook.
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