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ECB’s Panetta suggests inflation is almost defeated in Eurozone
Panetta’s observation is an advance on the ECB’s assessment last month that “the disinflation process is well on track” and arrived on the same morning that Spain revealed annual consumer price gains slowing below 2% for the first time in seven months. Italy and Germany are also scheduled to release equivalent data on Friday.
Declining Inflation in Largest Eurozone Nations Readies ECB for Rate Cut -- 4th Update
Price rises in the eurozone's top economies cooled this month, putting the European Central Bank on course to reach its inflation target and cementing expectations that it will deliver an eighth rate cut at its meeting next week.
The European Central Banks (ECB) single interest rate has long drawn criticism for ignoring economic disparities within the ...
German inflation eased to 2.1% in May, closer to the ECB's 2% target, bolstering the argument for a rate cut. While inflation ...
The European Central Bank will stand by its aggressive stimulus policy of the last decade in a strategy review, side-stepping calls for self-criticism after a bout of high inflation and sizeable ...
Global markets brace for a busy week. Investors will closely watch the United States jobs report. The European Central Bank ...
Nonetheless, ING analysts believe the expected downward revision in inflation forecasts and the risk of inflation falling short will likely sway the ECB towards implementing a 25 basis point reduction ...
The policy divergence between the European Central Bank and the Bank of Japan is becoming increasingly clear. While the ECB ...
Inflation falls to 1.9% in May but core inflation remains above 2%. The Consumer Price Index (CPI) reaches its lowest value ...
European Central Bank Governing Council member Klaas Knot warned that “historically large shocks” in the global economy and their fallout on prices will be hard to navigate and require flexibility ...
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