Eurozone Inflation Surprises, Climbing Higher After Brief Dip – Rate Cut Plans Reconsidered

Prices Decline Ahead of an Interest Rate Hike by the ECB

Frankfurt, January 5 – The financial markets’ pressure on the European Central Bank to begin reducing interest rates from record highs has lessened as a result of the euro zone’s inflation increase last month, which is expected to continue in the early months of 2024.   The 20-nation bloc saw a spike in inflation from … Read more