Eurozone inflation cools to 1.7%, keeping ECB on hold
TL;DR Summary
Eurozone inflation slowed to 1.7% in January per Eurostat flash data, with core inflation at 2.2%. The readings support the ECB keeping its 2% policy rate steady for now, with little chance of near-term cuts, though some analysts warn policy could shift if risks evolve, including a possible hike later (potentially in 2027).
- Euro zone inflation cools to 1.7% in January, flash data shows CNBC
- Eurozone Inflation Sinks Below ECB Target Ahead of Rate Decision The Wall Street Journal
- Eurozone inflation falls to 1.7% in January Financial Times
- Morning Bid: Euro zone faces inflation hurdle before ECB Reuters
- Euro-Zone Inflation Rate Falls to Lowest in More Than a Year Bloomberg.com
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