Core

Bank AI

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/global-markets-watch-as-central-banks-set-interest-rates-and-eurozone-reports-inflation" rel="noopener noreferrer nofollow">Global Markets Watch as Central Banks Set Interest Rates and Eurozone Reports Inflation</a><br></p>
<p style="text-align: justify">A pivotal week commences with key financial institutions, including the US Federal Reserve, the Bank of England, and the Bank of Japan, poised to make announcements regarding their respective interest rate policies. Concurrently, investors remain vigilant towards inflation statistics emanating from the Eurozone, with the latest data for February being of particular interest amid persistent high inflation and geopolitical unrest that influence both traditional and <a href="https://en.bitcoinhaber.net/crypto-analyst-crypto-capo-warns-of-potential-corrections-in-optimistic-market" rel="noopener noreferrer nofollow">cryptocurrency</a> markets.</p>
<h2 id="eurozone-s-inflation-trajectory-holds-steady">Eurozone’s Inflation Trajectory Holds Steady</h2>
<p style="text-align: justify">For the European financial community, the Eurozone’s inflation report for February has been highly anticipated. Recent figures suggest that the inflation rate is not decreasing; however, it is not escalating either, outlining a somewhat stable economic outlook for the region.</p>
<p style="text-align: justify">The recently disclosed figures show that the Eurozone’s Core Consumer Price Index, which omits volatile items like food and energy, was 0.7% for February, aligning with projections. Year-on-year core CPI also matched expectations at 3.1%. Similarly, the monthly and annual CPI numbers for February met forecasts at 0.6% and 2.6%, respectively.</p>
<h2 id="european-central-bank-maintains-interest-rates">European Central Bank Maintains Interest Rates</h2>
<p style="text-align: justify">Following the release of the inflation figures, focus shifts to the European Central Bank’s (ECB) impending actions. The ECB has recently chosen to maintain its three principal interest rates, with the main refinancing rate held at 4.5%, marking a 22-year peak, and the deposit and marginal lending rates at historic highs of 4% and 4.75% respectively.</p>
<p style="text-align: justify">Market speculation suggests the ECB may reduce interest rates as we approach the summer months. Observers emphasize that future inflation trends will be pivotal in guiding such decisions, with a downward trend in inflation being a crucial factor for potential rate cuts.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/global-markets-watch-as-central-banks-set-interest-rates-and-eurozone-reports-inflation" rel="noopener noreferrer nofollow">Global Markets Watch as Central Banks Set Interest Rates and Eurozone Reports Inflation</a></h5>

Global Markets Watch as Central Banks Set Interest Rates and Eurozone Reports Inflation

Table of Contents

BH NEWS

Other articles published on Mar 18, 2024

Solana has become fourth most capitalized cryptocurrency

Fluctuating Interest Rates: The Uncertain Path Ahead for Bitcoin

Solana (SOL) & USD Coin (USDC) Align Forces with Raffle Coin (RAFF) Presale Surge, Riding the Mar...

Slerf dev accidentally burns $10M as Solana meme frenzy takes hold

Solana Breaks $200 - Could It 4X From Here?

Analyst Insights: Here Are Top 3 Coins For The Long-Term Crypto Investor

Join our free newsletter for daily crypto updates!