B · Normal
[The Eurozone economy shows resilience, leaving room for the European Central Bank to raise interest rates] On November 13, the Eurozone economy showed resilience in the face of unfavorable factors such as the Iran conflict, leaving room for the European Central Bank to further raise interest rates to curb inflation. Data released by Eurostat on Friday showed that the 21-member euro zone's third-quarter gross domestic product grew by 0.4%, consistent with the preliminary estimate released in October. Analysts at the time expected growth at just half that level. The European Central Bank has raised borrowing costs twice since conflicts in the Middle East pushed energy prices sharply higher. With inflation now at twice the 2% target and regional economies better able to withstand the impact of rate hikes, officials are signaling another move in December.
Global market intelligence 🕐 2026-11-13 18:22

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