EU Inflation Rate YoY Flash (Feb) Y/Y 1.9% vs. Exp. 1.7% (Prev. 1.7%, Low. 1.6%, High. 1.9%); Services 3.4% (prev. 3.2%)
The EU inflation rate for February came in at 1.9%, beating expectations of 1.7% and reinforcing the previous figure of 1.7%.
Israeli defence forces reportedly did not deploy ground troops in Iran, Israeli source report
Two leading Republican senators are reportedly asking the Trump admin to pass a USD 200bln tax cut without congressional approval, Washington Post reports citing a draft; GOP seeks improving its economic approval rating ahead of the mid-term elections
EU Inflation Rate YoY Flash (Feb) Y/Y 1.9% vs. Exp. 1.7% (Prev. 1.7%, Low. 1.6%, High. 1.9%); Services 3.4% (prev. 3.2%)
[MARKET ANALYSIS] USD continues its war-related ascent, CHF underperforms, GBP lags into the Spring Statement
Iran's military says it targeted the Al Udeid base with missiles
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This outperformance, along with an increase in services inflation to 3.4%, could prompt market reevaluations of the ECB's monetary policy stance, possibly affecting rate paths or EUR volatility.
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