Eurozone Inflation Hits Target, Rate Cuts May End

Eurozone inflation ticked up to 2.2% in November, surpassing the European Central Banks target, with services leading the charge at 3.5%. Despite this, the ECB maintains a steady stance, keeping rates at 2% following a series of cuts. Officials hint at a potential end to rate reductions, but stress that decisions will remain data-driven.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.