What's in store for the week ahead? US CPI and China’s GDP in the Spotlight
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Euronews.com
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European stock markets showed strong performance due to expectations of a more lenient monetary policy from the ECB, despite unsettling US job data causing a selloff in equities. Key inflation data from the US, EU, and UK is anticipated, alongside China's GDP figures. Eurozone inflation rose to 2.4%, while Germany's reached 2.6%. The UK faces inflationary pressures amid concerns of stagflation. US inflation data indicates a persistent trend, potentially affecting the Federal Reserve's rate cut pace. China's GDP is expected to grow by 5% in Q4 2024, influenced by stimulus measures. Teljes cikk (Euronews.com)