TSX:INO.UN - Post by User
Post by
flamingogoldon Apr 03, 2024 8:17am
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Post# 35967090
Euro inflation unexpectedly slows to 2.4%
Euro inflation unexpectedly slows to 2.4%This should open the door to a rate cut in June which is good news for REITS. What we don't want however, is that word "unexpectedly" to continue to make headlines as that would indicate a hard landing ahead. On the positive, the central bank does have the cushion in place to drop rates more than just 1/4 pt to combat it.
Euro zone inflation unexpectedly slows to 2.4% in March, with core print also below forecast