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home / news releases / FPXE - The Eurozone Economy Is Bottoming Out

FPXE - The Eurozone Economy Is Bottoming Out

First Trust IPOX Europe Equity Opportunities ETF

2024-02-08 17:30:00 ET

Summary

  • The eurozone escaped a technical recession, and a number of indicators suggest the economy is now bottoming out.
  • The ECB is expected to cut rates from June onwards, but more cautiously than the market is currently anticipating.
  • Headline inflation fell back to 2.8% in January, from 2.9% in December.

By Peter Vanden Houte, Chief Economist

More subdued recovery, more stubborn inflation

For further details see:

The Eurozone Economy Is Bottoming Out
Stock Information
Company Name: First Trust IPOX Europe Equity Opportunities ETF
Stock Symbol: FPXE
Market: NASDAQ
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