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SPEU - Why The European Central Bank Is Embracing The Idea Of Rate Cuts
May, 23 2024 07:55 AM
SPDR® Portfolio Europe ETF
2024-05-23 07:55:00 ET
Summary Declining inflation and slower growth have contributed to the rising potential for rate cuts in Europe. Eurozone core inflation has been coming down more quickly than similar measures in the U.S. and the U.K. If the euro were to weaken and drop through parity, that might give the ECB pause about cutting rates.
By Erik Norland
At A Glance Declining inflation and slower growth have contributed to the rising potential for rate cuts in Europe The European Central Bank’s decision around rate cuts will likely be influenced by the euro’s strength For further details see:
Why The European Central Bank Is Embracing The Idea Of Rate Cuts
Stock Information
Company Name:
SPDR® Portfolio Europe ETF
Stock Symbol:
SPEU
Market:
NYSE
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