Eurozone inflation slows to 2.1%, yet Lagarde stays cautious

Eurozone inflation slows to 2.1%, with core inflation remaining steady at 2.4%. Services inflation surges to 3.4%, while energy prices fall. Inflation rates vary by country, with Estonia leading at 4.5% and Cyprus at 0.3%. The European Central Bank maintains interest rates, indicating confidence in inflation control, but remains vigilant for potential price drivers. Financial markets react calmly, with minor fluctuations in bond yields and stock markets.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.