Euro zone inflation unchanged at 2.2% in April, missing expectations for a move lower
1. Euro zone inflation held steady at 2.2% in April, missing expectations. 2. Core inflation rose to 2.7%, signaling pressure on prices. 3. GDP growth for Q1 2025 was higher than expected at 0.4%. 4. ECB remains data-dependent and cautious on interest rate decisions. 5. Medium-term inflation outlook unclear amid U.S.-Europe trade tensions.