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🇪🇺 EUROPE | 📈 MARKETS
🔴 European Markets See Worst Week Since 2022

🔸 STOXX 50 fell 5.9%, bank index down 10%—worst since Ukraine invasion.
🔸 Oil giants, Adidas & luxury stocks drop; L'Oréal & Danone gain on safe-haven shift.
🔸 Euro, yields fall as ECB rate cut bets rise; first cut seen on April 17.

Euro zone's inflation dropped to 2.2% in March, hinting at possible changes coming from the ECB. With core inflation falling to 2.4% and services down to 3.4%, market speculation suggests an 80% chance of a 25-basis-point rate cut at the April 17 meeting. Amid rising U.S. tariffs and unemployment down to 6.1%, the economic landscape is shifting. Discover more insights in the full article. #Eurozone #Inflation #ECB #Economy cnbc.com/2025/04/01/euro-zone-

Kudos to Sophie Kiderlin for this insightful report!

CNBCEuro zone inflation dips to 2.2% in March as U.S. tariffs loomEuro zone inflation dipped to 2.2% in March, as expected, according to flash data from statistics agency Eurostat published Tuesday.

Considering we are now in a trade war with the deranged lunatic fascist regime in the US, we in Europe need a real alternative to the American corporations Visa Inc. and Mastercard.
This needs to be ordered by the Commission or the Parliament to the ECB asap.
Also, a system this central & vital to the economy working ought to be arms-length owned and run by the ECB.

#TradeWar#EU#ECB