Investing.com - European stock markets rose Monday, as investors digested a slew of significant corporate earnings ahead of the release of key German inflation data.) stock fell 0.9% despite the French media group saying its first-quarter revenue rose strongly, boosted by strong growth at its three core businesses, Canal+ Group, Lagardere and Havas.) stock rose 1.
That said, a June cut is still likely to be several months before the U.S. Federal Reserve decides to ease its monetary policy, especially after Friday’s PCE price index data - the Fed’s preferred inflation gauge - came in hotter than expected for March.meets later this week, and is expected to keep rates steady and potentially offer a hawkish outlook, given recent stickiness in U.S. inflation.
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