Is eurozone inflation still falling?

finance
Created 4/28/2024
Updated 4/28/2024

Eurozone inflation, which has been decreasing for the past 17 months, is under the spotlight as investors and economists anticipate the latest data. With inflation expected to stay at 2.4%, any increase might shake confidence in the European Central Bank's potential interest rate cuts. Despite some economic growth in the eurozone, fluctuating oil prices and wage increases might keep inflation rates unstable. Meanwhile, the U.S. is also facing persistent inflation, affecting global monetary policy expectations. As all eyes turn to upcoming economic data, the real question remains: Will these factors prompt the ECB to delay its rate cuts?

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