Euro zone inflation drops more than expected in relief for ECB
FRANKFURT – Euro zone inflation eased more than expected last month as underlying price growth also slowed, backing arguments for only cautious further rate hikes as the fastest ever European Central Bank monetary tightening cycle starts to take effect. Inflation in the 20 nations sharing the euro eased to 6.1 percent in May from 7 … Continue reading Euro zone inflation drops more than expected in relief for ECB
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