Eurozone inflation falls below ECB 2% target in May: Rate cut in sight
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Euronews.com
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Inflation in the euro area decreased to 1.9% in May, below expectations, raising hopes for an ECB interest rate cut. Core inflation also eased, while food and tobacco prices increased. Unemployment fell to 6.2%. The euro weakened against the dollar as market anticipations for a rate cut grew, impacting European equities negatively. Teljes cikk (Euronews.com)