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Tag: eurozone

Inflation is down in Europe but ECB in no hurry to make more rate cuts

Posted on July 3, 2024 By admin
Inflation is down in Europe but ECB in no hurry to make more rate cuts

Central banks don’t want to find inflation is more stubborn than they thought and reverse course.  | Photo Credit: REUTERS Inflation in the 20-nation eurozone crept lower to 2.5% in June, but remained stuck above the level favored by the European Central Bank (ECB), which is in no hurry to add more rate cuts after…

Read More “Inflation is down in Europe but ECB in no hurry to make more rate cuts” »

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