Euro Zone Economy: Sentiment falls in March, casting doubt on growth outlook
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Now for a look at Europe. Data from the European Commission showed Tuesday that economic sentiment in the 19-countries sharing the euro slipped for the third month in a row in March, below the average forecast.
Economic Sentiment Indicator fell to 112-point-6 this month from a revised 114-point-2 in February. That came with falling inflation expectations as well as slower loan growth and money supply in the euro zone. Analysts say decline in sentiment was due to to frictions between the West and Russia and trade restrictions imposed by U.S. President Donald Trump. They also say the signs suggest economic growth in the bloc was not as steady as estimated.