(Bloomberg) The euro zone exited recession with much speedier growth than expected driven by its four top economies, though the recent retreat in inflation stalled.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesYen Sparks Intervention Suspicion After U-Turn From 1990 LowsFirst-qu
(Bloomberg) French inflation eased below 3% for the first time in 2 1/2 years and Italy reported a lower-than-expected reading, confirming a trend that has tipped the European Central Bank toward cutting interest rates.Most Read from BloombergTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineFed’s Preferred Inflation Metric Cools While Spending ReboundsApple Plans New iPad Pro for May as Production Ramps Up OverseasBankman-Fried Is Sentenced to 25 Years in Prison Over FTX Co
(Bloomberg) French inflation eased more than expected in January to reach its lowest level since before Russia invaded Ukraine — the latest sign that the euro area’s efforts to tame surging prices are nearing an end.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneByron Allen Makes $14 Billion Offer for Paramount GlobalMicrosoft Sales Top Estimates; Cloud Growth Disappoints SomeMusk Says First Neuralink Patient Received Implant in BrainTech Gia