The pound euro (GBP\/EUR) exchange rate is falling, giving back yesterday’s gains.<\/p>\n
The euro is rising despite German GDP showing the eurozone’s largest economy contracted -0.2% QoQ in Q4. This marked the second straight quarterly contraction, which is a recession.<\/p>\n
Eurozone GDP data is due shortly and is expected to show that the economy tipped into recession at the end of 2024.<\/p>\n
The pound is falling as investors continue assessing when the BoE could start to curt interest rates.<\/p>\n
Grocery inflation cooled to 6.8% and the BRC showed shop price inflation eased to its lowest level since May 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is falling, giving back yesterday’s gains. The euro is rising despite German GDP showing the eurozone’s largest economy contracted -0.2% QoQ in Q4. This marked the second straight quarterly contraction, which is a recession. Eurozone GDP data is due shortly and is expected to show that the economy tipped […]<\/p>\n","protected":false},"author":163946598,"featured_media":5599,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[3345,2649,1394,3415],"class_list":{"0":"post-115702","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eir","10":"tag-eur-gbp","11":"tag-gbp","12":"tag-gbp-eir"},"acf":[],"yoast_head":"\n