ECB's Nagel Says Euro-Zone Core Inflation Is 'Still Very Sticky' bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) The euro zone’s underlying consumer price growth is proving stubborn, according to European Central Bank Governing Council member Joachim Nagel.Most Read from BloombergHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.US Inflation Broadly Cools in Encouraging Sign for Fed OfficialsFed Officials Dial Back Rate Forecasts, Signal Just One ‘24 CutStock Bull Run Breaks Record on Fed Decision Day: Markets WrapBlinken Casts Doubt on Cease-Fire Hopes After Hamas RespondsSpeaki
ECB's Holzmann says further rate cuts by the Bank could slam EUR and spike inflation forexlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexlive.com Daily Mail and Mail on Sunday newspapers.
For the first time in almost five years, the European Central Bank cut its key interest rate by a quarter percentage point on Thursday, moving from 4.0% to 3.75% in a widely anticipated decision by the bank s governing body.