Eurozone inflation tops forecasts, but euro tumbles on tariff fears
Eurozone inflation exceeded forecasts in January, reaching 2.5%, but the euro weakened as fears of US tariffs overshadowed expectations of a hawkish ECB response. European stocks tumbled, with auto shares hit hardest, while bond yields fell as investors sought safety.
Eurozone inflation exceeded forecasts in January, reaching 2.5%, but the euro weakened as fears of US tariffs overshadowed expectations of a hawkish ECB response. European stocks tumbled, with auto shares hit hardest, while bond yields fell as investors sought safety.