The balance of macroeconomic risks has shifted from concerns about high inflation to concerns about low growth,” said vice-president Luis de Guindos in a mid-January speech. December’s change in ...
Having cut rates four times already in response to weak growth and falling inflation, the ECB is expected to keep moving quickly in 2025 with traders even increasing rate cut bets this week ...
Inflation in the eurozone in September also stood at 1.7%. The ECB’s target is 2%. Lindsay James at Quilter Investors said: “With inflation falling below this level and the pace of wage growth ...