Eurozone Inflation Drops to 1.9%, Boosting Expectations of ECB Rate Cuts
TL;DR Summary
Eurozone inflation dropped below the ECB's 2% target to 1.9% in May, the first time in seven months, increasing the likelihood of interest rate cuts this year as economists predict further easing due to stronger euro, cheaper commodities, and a softer labor market.
Topics:business#ecb-interest-rates#economic-outlook#economy#eurozone-inflation#inflation-rate#monetary-policy
- Eurozone inflation falls below target to 1.9% Financial Times
- Euro zone inflation eases below ECB target, supporting rate cut bets Reuters
- European markets ease despite drop in euro zone inflation CNBC
- Inflation slides to 1.9% in Europe, as worries shift from prices to Trump and tariffs AP News
- Euro-Zone Inflation Slows Below 2%, Backing More ECB Cuts Bloomberg.com
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