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Eurozone inflation dips below 2% as ECB considers rate cut
- Investment Management
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- 01.10.24
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Eurozone inflation dropped to 1.8% in September, its lowest level in over three years, boosting expectations of an October rate cut from the European Central Bank. The steady decline in inflation, alongside stabilising core inflation figures, has strengthened the case for further monetary easing. Major economies like Germany and France have seen inflation fall faster than expected, leading analysts to predict that the ECB may take action sooner than previously anticipated. Markets are now focused on the ECB's October meeting for a potential rate cut. Read the full article to find out why...