Updated: 2 Dec
Inflation in the Eurozone rose to 2.2 percent in November, exceeding the European Central Bank's 2.0 percent target and surprising economists.Professor Joe Nellis from MHA stated that the underlying picture remains uneven with fragile disinflation and persistent pressure from services, while ECB President Christine Lagarde emphasized a data-dependent approach to interest rate decisions.Senior ECB officials, including Chief Economist Philip Lane and Austrian National Bank President Martin Kocher, signaled that further easing may be limited, as debate continues over inflation trends and future ECB rate cuts if inflation drops below target.
Tags

#Germany

#Altstadt

#JoeNellis

#MHA

#ChristineLagarde

#ECB

#PhilipLane

#AustrianNationalBank

#MartinKocher
Read more
CNBC Euronews FAZ Nyheter24
Discuss

#Altstadt

#

Altstadt

Germany experiences an unusually warm December with temperatures up to 18 degrees Celsius, breaking numerous heat records for the month. Meteorologists attribute this prolonged warmth to rising greenhouse gas...

36h
#

JoeNellis

Inflation in the Eurozone rose to 2.2 percent in November, exceeding the European Central Bank's 2.0 percent target and surprising economists. Professor Joe Nellis from MHA stated that the underlying picture remains...

2 Dec
#

MichaelField

The European Central Bank warned that high valuations in AI-related stocks and concentrated investments in American hyperscalers such as Nvidia, Alphabet, Microsoft, and Meta could trigger significant market corrections...

2 Dec