•      Thu Nov 21 2024
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The Danger of Premature ECB Rate Cuts

FRANKFURT – With inflation in the eurozone dropping from a peak of 10.6% in October 2022 to 2.6% in May 2024, the European Central Bank is optimistic that inflationary pressures will continue to ease. Its March projections show inflation averaging 2.3% in 2024, before falling to 2% in 2025 and 1.9% in 2026.