Eurozone inflation eases, bolstering ECB’s June rate cut plans

Times of Malta

Center

Mixed Factuality

Other: Strickland Foundation

Eurozone inflation eases, bolstering ECB’s June rate cut plans

Final figures from Eurostat on Wednesday indicate that eurozone inflation decreased across the board last month, supporting projections for a June interest rate cut by the European Central Bank despite rising energy prices and a weaker euro clouding the outlook.The euro area’s inflation rate fell from 2.6% to 2.4% in March, indicating a four-month low...