Reported about 14 hours ago
In August, euro-zone inflation rose to 2.1%, surpassing the European Central Bank's target and solidifying expectations for a pause in interest rate cuts. The core inflation remained steady at 2.3%, indicating resilience in the economy despite mixed reports across the region. Analysts suggest that inflation may stabilize around the 2% mark for the remainder of the year, with further rate cuts deemed unlikely at the moment.
Source: YAHOO