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BREAKING: EMU inflation below the 2% target! EURUSD tests 1.14

10:01 AM 3 June 2025

Preliminary CPI for May: 1.9% YoY (Forecast 2,0% YoY; Previous 2,2% YoY

Monthly CPI: 0.0% MoM (Previous: 0.6% MoM)

Core CPI 2.3% YoY (Forecast: 2.5% YoY; Previous: 2.7% YoY)

Monthly Core CPI: 0.0% MoM (Previous: 1.0% MoM)

Headline inflation is back below 2% target and core reading is also easing significantly which should supports not only cut on Thursday, but maybe more than 2 cuts this year. 

 

 

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