A fleeting bounce and a durable bottom look similar enough at the start to make them indistinguishable with true certainty.
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Is this market bounce for real? A review of the evidence
World
Euro rises after euro zone inflation hits ECB’s 2% target
European government borrowing costs fall Yields on European government bonds moved lower in the wake of the latest euro zone inflation print, which showed inflation hit the ECB’s 2% target in June. The yield on the German 10-year bund — seen as a benchmark for the euro zone — was 4 basis points lower by […]
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World
Euro zone inflation edges higher, hitting ECB’s 2% target in June
A Carrefour supermarket in Perpignan in the Pyrenees-Orientales department in the south of France on Jan. 3, 2025. Jc Milhet | Afp | Getty Images Euro zone inflation rose slightly to 2% in June, according to flash data from statistics agency Eurostat on Tuesday, meaning consumer prices in the single currency area are now in line […]
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European Central Bank’s latest rate cycle is ‘done,’ chief economist says
The European Central Bank’s latest period of monetary policy interventions to bring inflation in check is “done,” the institution’s chief economist Philip Lane told CNBC on Tuesday. “We do think the last cycle is done, bringing inflation down from the peak of 10[%], back to 2%, that element is over, but on a forward-looking basis […]
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