Tag: Price stability
ECB’s Panetta Urges Easing Amid Inflation Decline and Economic Weakness – Action Forex
Italian ECB Governing Council member Fabio Panetta recently spoke about the importance of easing monetary conditions in the Eurozone due to concerns about economic weakness and declining inflation. He emphasized the need to address...
July Inflation Rate Drops to 2.9%, Lowest Since 2021
Inflation in July saw a slight increase, driven primarily by higher housing-related costs, according to a report released by the Labor Department on Wednesday. The consumer price index (CPI), a key measure of prices...