EU Core Inflation Rate YoY Final (Jan) Y/Y 2.2% vs. Exp. 2.2% (Prev. 2.3%, Low. 2.2%, High. 2.2%)
The final reading for the EU Core Inflation Rate came in line with expectations at 2.2%, which is a slight decline from the previous month’s 2.3%.
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EU Core Inflation Rate YoY Final (Jan) Y/Y 2.2% vs. Exp. 2.2% (Prev. 2.3%, Low. 2.2%, High. 2.2%)
BofA rebalancing note (USD): expect around 1.7bln of flows into equities, 9bln out of Treasuries.
[MARKET ANALYSIS] JGBs underperform on Takaichi's "reflationist" BoJ candidates; USTs await Fed speak & NVDA
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This stabilization within expectations suggests that inflation pressures may be easing, but it is also noteworthy as it indicates no significant surprises that could lead to immediate shifts in monetary policy or impact the euro's exchange rate significantly.
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