Business
Eurozone Inflation Sinks Below ECB Target Ahead of Rate Decision
Eurozone inflation fell below the European Central Bank’s target in January and is expected to remain under that 2% mark over the next two years.
However, a weaker dollar and increased imports of lower-priced Chinese goods could push inflation even lower than policymakers expect, and persuade them to restart a series of interest-rate cuts the ECB halted in June.
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