central bank policyECB interest rate cuteconomic growtheconomic indicatorseconomic recoveryEuropean Central BankEuropean economy.Eurozone business activityfinancial marketsFranceGermanyHCOB purchasing managers’ indexinflationinterest rate decisionItalymain lending ratemonetary policyprivate sector outputS&P GlobalSpain
What is the forecast for the ECB interest rate cut?
The forecast is a 25-basis point cut to the main lending rate.
How did business activity grow across the eurozone in May?
Business activity grew across the eurozone at the fastest rate in a year in May.
Which countries showed growth in business activity according to the PMI data?
Germany, Italy, and Spain showed growth in business activity according to the PMI data.
What was the only country that experienced a downturn in business activity?
France was the only country that experienced a downturn in business activity.