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Eurozone inflation has dropped to 2.2 percent for the second month drawn in March, considering whether the ECB rate-sets will slow down the rate of interest rates.
The image of Tuesday was below 2.5 percent of February and was in line with the expectations of economists surveyed by Reuters.
Annual inflation figure is still more than that ECBIts moderate-mayor target is 2 percent. However, the central bank’s rate-sector believes that the increase in the title inflation since autumn has been temporary.
The preliminary image of February was amended by 2.5 percent of the point after 2.5 percent.
The bank has indicated that the inflation raised by US President Donald Trump’s raised trade war can reduce the rate of reduction in inflation, as well as increase defense and infrastructure costs.
Last month, the central bank has cut the rate for the sixth time since last summer to 2.5 percent. However, it emphasized that “the financial policy is meaningful is becoming less limited”, which suggests the position of more thunderbolts.
ECB president Christine Legard also warned last month that policy makers were “exceptionally high” uncertainty. He also added that it guaranteed “impossible” that “the title inflation will always be 2 percent”.
Prior to its release on Tuesday, the financial markets were priced at the next ECB meeting on April 17 for about 75 percent of the possibility of more quarter-point cutting at the next ECB meeting.
This is a developing story