Eurozone
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financeEurozone Inflation Hits 3.2%, Paving Way for ECB Rate Hike in June
Eurozone inflation rose to 3.2% in May 2026, driven by energy prices. Market expects ECB to hike rates by 25 bps on June 11.
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financeECB's Sleijpen: Economic Outlook Between Baseline and Adverse Scenarios
ECB Governing Council member Olaf Sleijpen says current eurozone economy sits between baseline and adverse projections, with markets pricing in a June rate hike.
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financeECB's Schnabel Calls for June Rate Hike Despite Iran Peace Prospects
ECB board member Isabel Schnabel signals a decisive hawkish shift, advocating for a June rate hike even if an Iran peace deal emerges.
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worldIran Denies Role in South Korean Vessel Incident, Strait of Hormuz Tensions Persist
Iran denies involvement in the South Korean vessel incident, maintaining control of the Strait of Hormuz and signaling ongoing geopolitical instability.
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financeHormuz Conflict Fuels EU Inflation, Complicating ECB Rate Cut Plans for April 2026
Geopolitical tensions in the Strait of Hormuz are driving up energy costs, leading to sustained inflation in the EU and reducing the likelihood of an ECB rate cut.
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financeEurozone PMI Holds Steady; Inflation Concerns May Curb ECB Rate Cuts
Eurozone manufacturing PMI remains at 52.2 in April 2026. Inflation forecasts rise to 2.7%, potentially limiting ECB rate cuts.
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financeECB's Muller Warns of Inflation Acceleration Amid Middle East Conflict
ECB's Madis Muller expects inflation to accelerate due to Middle East tensions, potentially delaying rate cuts. Eurozone inflation expectations surge.
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financeEurozone Inflation Surges to 3% on Energy Spike and Stalled Growth
Annual inflation hits 3% in April, driven by a 10.9% energy price surge due to the Iran war, as eurozone GDP slows to 0.1%.