Euro zone inflation picks up but core unexpectedly slows

FRANKFURT  – Euro zone inflation accelerated last month but underlying price growth eased unexpectedly, adding to arguments for a smaller interest rate hike at the European Central Bank’s regular policy meeting on Thursday. Inflation has slowed sharply from double-digit readings late last year but remains far too high, making another rate hike a necessity and … Continue reading Euro zone inflation picks up but core unexpectedly slows