European Central Bank policymaker Mario Centeno said on Friday he expects inflation to fall to its medium-term target of 2% in a sustainable manner since euro zone inflation is "almost out of the woods".
· 3d
ECB cuts growth forecast again, raises 2025 inflation outlook
· 6d · on MSN
ECB Primes Fresh Rate Cut as Inflation Begins to Ease Again
ECB cuts key interest rate to 2.5% amid 'risk, uncertainty'
The rate cut comes as the ECB seeks to alleviate pressure on consumers and businesses amid sluggish economic growth in Europe, and the threat of trade tensions with the US.
The decision comes after inflation cooled to 2.4% in the eurozone in February, higher than the forecasted 2.3%. While price pressures are nearing the ECB's 2% target, the total was predominantly ...
Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing costs.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback