This is more of a world economic news than strictly in the US, but with all the complications with tariffs and Ukraine, I feel it is still important. The Eurozone inflation was at 2.4% which is 10 basis points above what they had expected. The so-called core inflation was slightly higher than the regular reading at 2.6%. The slowdown of energy prices makes the slightly higher number not as bad as they would have expected. The geopolitical state of the world leaves room for uncertainty within the inflation realms. This is because trade with the United States is important for a few major European countries. To combat this, there is expected to be another cut by the central banks. The question arises, what else will they do monetarily to protect themselves from this uneasy time.
https://www.cnbc.com/2025/03/03/euro-zone-inflation-february-2025.html
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