European Stocks Fall Slightly as Investors Watch Inflation and Fed Moves
European stock markets opened a little lower this week. Germany’s DAX, France’s CAC 40, and the UK’s FTSE 100 all showed small drops. Investors are being careful while waiting for important economic news.
People are watching U.S. inflation data, especially the Federal Reserve’s PCE (Personal Consumption Expenditures) index. Experts expect the core PCE to stay at 0.3% for the month, with the yearly rate around 2.9%. This data is important because it can affect the Federal Reserve’s decisions on interest rates and U.S. economy.
At the same time, the European Central Bank (ECB) is in focus. The ECB recently kept its key interest rate at 2%. Inflation in Europe is steady, and the economy is growing slowly. Investors are waiting to see if the ECB will make any changes to its policy.
Right now, European markets are moving carefully. Traders want to see how the U.S. and Europe inflation data will affect stock prices and investor confidence.
Impact:
The upcoming inflation numbers could change interest rate plans and affect stock markets. Investors might adjust their moves, and markets could become a bit more unpredictable in the short term.
