The EUR/USD is down about 1,0900, reflecting the general rebound in the USDForex analysts report BBH.
The disinflation process of the euro zone is still on the right track
“The work cost figure of the fourth quarter of the euro zone is today’s national approach. The ECB projects that the growth of labor costs will decelerate 4.1% year -on -year in the fourth quarter compared to 4.6% in the third quarter and will descend to its historical average of 1.7% by 2027.”
“The disinflation process of the euro zone is still on the right track. The markets value by approximately 50% the probabilities of a 25 basic points of the 2.25% ECB at the meeting of April 17 and a total of 50 basic points of flexibility in the next 12 months. A more lax fiscal policy in Germany and the EU’s military accumulation plan reduces the need for the ECB to cut the rates more than what is currently valued, which is favorable for the Eur.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
