2024-08-30 13:58:00
largeThe latest data just fell: French inflation finally fell below 2% in August. This is the first time since 2021. In the euro area, price increases are also getting weaker: Inflation was 2.2% in August, compared to 2.6% in July. In Frankfurt, these data are reviewed by the European Central Bank (ECB). In fact, the Governing Council will meet on September 12, and the president of the eurozone central bank must decide whether to further reduce the key interest rate in September.
A not insignificant choice: acting too quickly could lead to a return of inflation, but waiting too long could plunge Europe into recession… François Villeroy says…
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#decision #cut #interest #rates #fair