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Euro
Euro Sinks Despite ECB Rate Hike in Paradox Signaling Deteriorating Eurozone Growth Outlook
The euro fell after the European Central Bank raised rates, an apparent paradox explained by markets interpreting the hike as a growth-damaging policy error rather than an inflation-fighting success, raising eurozone recession risk concerns.
Jun 20, 2026
๐บ๐ธ United StatesECB's Lagarde Warns Inflation Outlook to Be Revised Up, June Rate Hike Now in Focus
ECB President Christine Lagarde signaled the ECB's 2.6% inflation forecast will likely be revised upward, putting a June rate hike firmly in focus
May 27, 2026