Eurozone Inflation Hits ECB Target, Markets See No Quick Action
Update: 2026-01-07
Description
Eurozone inflation hits European Central Banks target, marking a slowdown from previous months. Core inflation, excluding volatile food and energy, also eased. Services led with growth, while energy prices fell. Markets now see little chance of quick action from the ECB, with betting odds favoring steady interest rates. Experts note that pressures are normalizing, providing relief to households and businesses, but growth remains fragile. Germanys DAX hits a record high, and the euro stays steady, reflecting confidence in controlled inflation. Checkout Solipillow.com
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