Source: Financial Times [UK]
“Eurozone inflation fell for the second month in a row in March to 2.2 per cent, as ECB rate-setters consider whether to slow the pace of interest rate cuts. Tuesday’s figure was below February’s reading of 2.3 per cent and in line with the expectations of economists polled by Reuters. The annual inflation figure is still higher than the ECB’s medium-term target of 2 per cent. But rate-setters at the central bank believe that an increase in headline inflation since the autumn was temporary. February’s initial figure of 2.4 per cent was later revised down by 0.1 percentage points.” (04/01/25)