"Surprise Slowdown: Euro Zone and German Inflation Ease Below Forecasts"

1 min read
Source: CNBC
"Surprise Slowdown: Euro Zone and German Inflation Ease Below Forecasts"
Photo: CNBC
TL;DR Summary

Euro zone inflation unexpectedly slowed to 2.4% in March, with the core rate also below forecast at 2.9%, indicating potential pressure from wage growth. The European Central Bank is expected to begin lowering interest rates in June, with markets anticipating a rate cut following the release of important economic data in the coming months.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

82%

30854 words

Want the full story? Read the original article

Read on CNBC