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".
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ECB cuts growth forecast again, raises 2025 inflation outlook
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.
ECB rate cut: Good news for borrowers but will there be more?
Will the European Central Bank face a problem that has bedeviled the Bank of Russia? European governments are about to embark on a big increase in defense spending, fueled by growing doubts about the reliability of the U.
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 ...
The annual rate of inflation in the eurozone cooled for the first time in five months during February, reassuring news for policymakers at the European Central Bank as they prepare to meet later ...
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.
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