Inflation in Europe falls below 2% and opens ... - Associated Press News
WEB1 day ago · Tuesday’s official figure coupled with an anemic growth outlook could pave the way for faster interest rate cuts from the ECB, which has already trimmed rates twice. Inflation fell from 2.2% in August, according to European Union statistics agency Eurostat. The last time inflation hit the ECB’s 2% goal was in June 2021 when it was 1.9%.
Euro zone inflation dips below 2%, strengthening rate cut case
WEB1 day ago · Inflation 1.8% in Sept vs 2.2% in Aug Markets betting on Oct, Dec rate cut from ECB Energy, goods prices the biggest drag on inflation Services price pressures also easing a touch FRANKFURT, Oct 1 ...
Dovish signals raise chance of ECB October cut despite mixed inflation …
WEB2 days ago · The key points. Eurozone inflation in September fell to 1.8 per cent annually from 2.2 per cent in August. The rate is now below the ECB’s 2 per cent target for the first time since June 2021.
Lagarde Says ECB Getting More Confident of Taming Inflation
WEB2 days ago · September 30, 2024 at 10:43 AM EDT. Save. Christine Lagardesaid the European Central Bankis becoming more optimistic that it will be able to get inflation under control, and will reflect on that ...
ECB’s Rehn Says Slowing Inflation Firms Case for October Cut
WEB1 day ago · October 1, 2024 at 4:00 AM EDT. Save. The direction of the European Central Bank’s monetary policy is “clear” but any future decision on easing will hinge on data, according to Governing ...
Inflation and consumer prices - European Central Bank
WEBAn inflation rate of 2% ensures price stability and supports the ECB’s goals by preventing deflation risks and maintaining effective monetary policy. It allows for smoother economic adjustments, prevents excessive unemployment, and addresses potential biases in …
Macroeconomic projections - European Central Bank
WEBSep 12, 2024 · Inflation is projected to increase in the fourth quarter of this year before returning to target by the end of 2025 as cost pressures ease and the impact of past monetary policy decisions gradually feeds through to consumer prices.
European Central Bank hikes interest rates to combat inflation …
WEBJul 27, 2023 · FRANKFURT, Germany (AP) — The European Central Bank raised interest rates for the ninth straight time Thursday in its yearlong campaign to stamp out painfully high inflation and kept the door open to further hikes despite increasing fears of recession.
The 2021-2022 inflation surges and monetary policy in the euro …
WEBMar 11, 2024 · In 2021-22 inflation surged due to the direct and indirect effects of the energy shock, together with a set of pandemic-related factors and the Russian invasion of Ukraine. In this post on The ECB Blog, Chief Economist Philip R. Lane looks at the monetary policy actions taken by the ECB in response to …
Lagarde’s Growing Optimism on Inflation Hints at October ECB Cut
WEB2 days ago · (Bloomberg) -- Christine Lagarde said the European Central Bank is becoming more optimistic that it will be able to get inflation under control, and will reflect on that at its October interest ...