Tag: Bloomberg Economics

Euro-zone inflation slumps to 3-year low, backing rate cut – CNBC TV18

[ad_1] Euro-area inflation plunged to the lowest level since mid-2021 – reinforcing arguments for another cut in interest rates by the European Central Bank in less than two weeks. Consumer prices rose 2.2% from a year ago in August, Eurostat said Friday (August 30). That was significantly lower than July’s 2.6% and matched the median […]

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