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Eurozone GDP grew 0.4% in Q2, displaying resilience against energy price shocks. Lower reliance on fossil fuels—with oil imports down roughly 10% since 2022—alongside modest energy price gains and su…
Eurozone inflation eased toward the ECB target with mixed GDP growth, while the ECB held rates steady as the Fed cut rates by 25bps but signaled caution on further easing.
The euro slipped below $1.16 amid a stronger dollar after a Fed rate cut but hawkish Powell commentary. ECB expected to hold rates steady, reflecting cautious sentiment amid moderate Eurozone growth …