2025-06-04 20:00
IndustriEuro Pressured as Final Eurozone CPI Confirmed
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Euro Pressured as Final Eurozone CPI Confirmed at 2.6%
Final Eurozone CPI came in at 2.6% YoY for May, matching flash estimates and suggesting inflation remains sticky despite ECB tightening. Core inflation was unchanged at 2.9%. Traders interpreted the data as giving the ECB room for only one cut this summer, keeping EUR under pressure versus USD and GBP.
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Euro Pressured as Final Eurozone CPI Confirmed
Malaysia | 2025-06-04 20:00#communityAMA
Euro Pressured as Final Eurozone CPI Confirmed at 2.6%
Final Eurozone CPI came in at 2.6% YoY for May, matching flash estimates and suggesting inflation remains sticky despite ECB tightening. Core inflation was unchanged at 2.9%. Traders interpreted the data as giving the ECB room for only one cut this summer, keeping EUR under pressure versus USD and GBP.
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