Eurozone Inflation: Undecided Path for ECB

Eurozone inflation is projected to remain around 2%, with core inflation staying at 2.4%. This could reinforce the European Central Banks resolve to keep interest rates steady, allowing them to focus on their quarterly forecasts extending to 2028. Despite mixed signals from national reports, Vice President Luis de Guindos and President Christine Lagarde hint at a potential shift towards monitoring signs of increasing price growth. Economists hold differing views, with some predicting future rate cuts and others anticipating stronger growth and inflation, potentially leading to rate hikes.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.