Eurozone inflation cools to 1.7%, keeping ECB on hold

1 min read
Source: CNBC
Eurozone inflation cools to 1.7%, keeping ECB on hold
Photo: CNBC
TL;DR

Eurozone inflation slowed to 1.7% in January per Eurostat flash data, with core inflation at 2.2%. The readings support the ECB keeping its 2% policy rate steady for now, with little chance of near-term cuts, though some analysts warn policy could shift if risks evolve, including a possible hike later (potentially in 2027).

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