Euro-Zone Inflation Decreases as ECB Plans Final Rate Cuts

Reported about 10 hours ago

Inflation in the Eurozone has eased to 2.4% in February, down from 2.5% in January, which has led to increased confidence in hitting the European Central Bank's 2% target. As the ECB approaches the final stages of interest rate cuts, services inflation also saw a decline to 3.7%, and investors anticipate further rate reductions. The data provides reassurance to ECB officials amid challenges like slow economic growth and threats from external trade policies.

Source: YAHOO

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