International Economic

ECB cuts rates, says that disinflation is 'well on track'

By Alexander Bueso

Date: Thursday 30 Jan 2025

(Sharecast News) - The European Central Bank cut rates again and expressed confidence that inflation would continue to head lower.
Disinflation "is well on track" and expected to return to the 2.0% medium-term target in 2025, the monetary authority said in its policy statement.

Wage growth was moderating as they...

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