"Surprise Slowdown: Euro Zone and German Inflation Ease Below Forecasts"

1 min read
Source: CNBC
"Surprise Slowdown: Euro Zone and German Inflation Ease Below Forecasts"
Photo: CNBC
TL;DR

Euro zone inflation unexpectedly slowed to 2.4% in March, with the core rate also below forecast at 2.9%, indicating potential pressure from wage growth. The European Central Bank is expected to begin lowering interest rates in June, with markets anticipating a rate cut following the release of important economic data in the coming months.

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