US Economy Outpaces Eurozone Amid Sluggish Growth in Europe

The US economy showed strong growth of 2.3% in Q4 2024, driven by robust consumer spending, while the Eurozone stagnated with 0% GDP growth.

The Federal Reserve's decision to maintain interest rates reflects persistent inflation and a stable job market in the US.

In contrast, Europe's economic struggles are deepened by Germany's manufacturing crisis and weak performance from France and Italy. The European Central Bank responded by cutting rates to 2.75%.

Meanwhile, the US's potential tariffs under President Trump are expected to exacerbate global economic challenges, with ECB President Christine Lagarde warning of a negative global impact.