πͺπΊ Eurozone unemployment ties its record low, and Lagarde now has the hawkish case she wanted
The day in view
πͺπΊ Eurozone unemployment ties its record low, and Lagarde now has the hawkish case she wanted
Eurozone unemployment held at 6.2% in May, matching its record low and beating the 6.3% forecast. That strengthens Christine Lagarde's hawkish case at the ECB's Sintra forum. Swiss inflation cooled to 0.5% annually, testing the SNB's refusal to go negative again.