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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
(MNI) LONDON
(MNI) London
Eurozone headline inflation slowed to 2.6% in February, moving closer to the European Central Bank's 2% target, Eurostat said on Friday.
Core inflation also slowed, though a lesser pace than expected by analysts, coming in at 3.1% y/y against 3.3% last month.
The ECB next week will next week publish updated economic projections, which are expected to show inflation running slower in the years ahead compared to December's forecasts. However, the current pace of disinflation may help policymakers argue for a later start to a rate cutting cycle, again backing current market pricing for a first cut in June. (See MNI SOURCES: ECB Cut Expectations Range From 50-100BP In 2024)
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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