EU lawmakers back digital euro plan, clearing path for 2029 launch
What's next: Parliament could open talks with EU governments and the Commission next month, with a 12-month pilot penciled in for late 2027.
Bloomberg, The Business Times (Singapore)
What's next: Parliament could open talks with EU governments and the Commission next month, with a 12-month pilot penciled in for late 2027.
What's new: Traders cut year-end hike bets to 33 basis points from 37, while Germany's 2-year yield fell 6 basis points.
Why it matters: Officials see lasting inflation pressure as energy supply, shipping and inventories recover only gradually.
What's next: Markets expect the deposit rate to rise to 2.25%, with at least one more move possible as energy costs push inflation above 3%.