With inflation down, ECB eyes faster tempo of rate cuts

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FRANKFURT The European Central Bank is expected to lower interest rates again this week as anxiety about inflation in the eurozone fades and concerns over sluggish growth mount. Inflation fell to 1.8 percent across the 20 members of the euro area in September, the first time it has been below the ECB 's target of two percent since 2021. While the rate is expected to tick up again towards the end of the year, the sense that consumer prices are back under control has grown. "Victory against

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With inflation down, ECB eyes faster tempo of rate cuts https://www.hurriyetdailynews.com/ - 14.10.2024 10:35

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With inflation down, ECB eyes faster tempo of rate cuts https://www.hurriyetdailynews.com/ - 14.10.2024 10:35