Back to today’s briefing

Story perspectives

Eurozone Inflation Dips to 1.9%, Rate Cut Hopes Rise

6/3/2025

37 7

Summary

Story summary

In May, Eurozone inflation dipped to 1.9%, slipping below the ECB's target, stirring hopes for a rate cut. Unemployment held steady at a low 6.2%. Germany's inflation eased to 2.1%, while Spain matched the Eurozone's rate. Meanwhile, the OECD's downgraded global growth forecasts cast a shadow over market confidence amid persistent political and trade tensions.

1 of 1

Story summary

In May, Eurozone inflation dipped to 1.9%, slipping below the ECB's target, stirring hopes for a rate cut. Unemployment held steady at a low 6.2%. Germany's inflation eased to 2.1%, while Spain matched the Eurozone's rate. Meanwhile, the OECD's downgraded global growth forecasts cast a shadow over market confidence amid persistent political and trade tensions.