International Economic

ECB rate-cut expectations rise as German inflation hits three-year low

By Benjamin Chiou

Date: Thursday 29 Aug 2024

(Sharecast News) - German inflation dropped its lowest level in more than three years this month, unexpectedly falling below the 2% target set by the European Central Bank.
According to the Federal Statistical Office, the annual growth rate of consumer prices slowed to just 1.9% in August, down from 2.3% in...

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