Reported about 8 hours ago
French inflation has dropped to a four-year low, while Italian prices remain unexpectedly stable, reinforcing expectations for further interest rate cuts by the European Central Bank (ECB). Consumer prices in France increased by 0.9% year-over-year in February, below analysts' expectations, while Italy's inflation held at 1.7%. This data has led to increased speculation about more rate reductions, with analysts now predicting four additional cuts this year, despite uneven inflation trends across the eurozone.
Source: YAHOO